A-LevelAccountingLimited CompaniesOct/Nov 2025Paper 1 Q181 Mark
The following information is extracted from the draft statement of financial position of a limited company at 31 December. ordinary share capital $900 000 share premium $80 000 general reserve $96 000 retained earnings (opening) $230 000 profit for the year $145000 What is the maximum amount of dividend that the limited company can declare?
A$145000
B$375000
C$471000
D$551000
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of limited companies 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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