A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2017 · Q171 Mark
Which accounting entry could record the issue of bonus shares? [Table: debit, credit, A bank, share capital, B general reserve, share capital, C general reserve, share premium, D share capital, general reserve]
Abank share capital
Bgeneral reserve share capital
Cgeneral reserve share premium
Dshare capital general reserve
✓ Correct answer
B: general reserve share capital
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Preparation of financial statements and see which topics are most likely to come up next.
Sign up free →