A-LevelAccountingCompany AccountsOct/Nov 2017Paper 1 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
The correct answer is B. This question tests the candidate's understanding of company accounts within the Accountingsyllabus. The examiner's mark scheme requires...
📋 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...
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