Accounting 9706 · AS & A Level · Preparation of financial statements

Preparation of financial statements — practice question

A company sold shares above their nominal value. In which financial statements would the share premium be shown?

  • Astatement of changes in equity and statement of financial position
  • Bstatement of financial position only
  • Cstatement of profit or loss and statement of financial position
  • Dstatement of profit or loss only

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