Accounting 0452 · IGCSE · Limited companies

Limited companies — practice question

A company provided the following details. issued and paid up share capital: \$30000 general reserve: \$4500 long-term bank loan: \$800 retained earnings: \$3500 6% debentures: \$2500 What is the total equity?

  • A\$33500
  • B\$34500
  • C\$38000
  • D\$41300

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