A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2020 · Q161 Mark

Which item has no effect on the total equity of a limited company?

Abonus issue of shares

Bdividends paid

Crights issue of shares

Dupward revaluation of non-current assets

✓ Correct answer

A: bonus issue of shares

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 16.

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