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A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2024 · Q181 Mark

A company issued shares at a premium. In which financial statements would the share premium appear?

Astatement of changes in equity and statement of financial position
Bstatement of financial position only
Cstatement of profit or loss and statement of financial position
Dstatement of profit or loss only

✓ Correct answer

A: statement of changes in equity and statement of financial position

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About this question

Topic
Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2024 Paper 1 Variant 2, question 18.

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