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Edexcel IGCSEAccountingGeneral Applications1 Mark

The following information relates to a limited company. Issued share capital $150 000 Share premium $10 000 Retained earnings $40 000 Debentures $20 000 Which of the following is the value of the reserves? A $10 000 B $40 000 C $50 000 D $220 000

A$10 000
B$40 000
C$50 000
D$220 000

✓ Correct Answer

The correct answer is C: $50 000

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This Edexcel IGCSE Accounting Question

Topic

This multiple-choice question tests General Applications in Edexcel IGCSE Accounting$. It is worth 1 mark.

Source

This question appeared in the $Edexcel IGCSE $Accounting $$ examination, $ $.

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