Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

What treatment is given to any premium on a share issue?

  • Aadded to a capital reserve
  • Badded to a revenue reserve
  • Cdeducted from a capital reserve
  • Ddeducted from a revenue reserve

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI