A-LevelAccountingPreparation of financial statements9706/12 · Feb/Mar 2020 · Q151 Mark

Which item is shown in the statement of changes in equity?

Adividend proposed

Binterest on long-term loan

Cissue of debenture

Drevaluation gain on non-current assets

✓ Correct answer

D: revaluation gain on non-current assets

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2020 Paper 1 Variant 2, question 15.

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