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O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2023 · Q251 Mark

Z Limited has the following types of equity and liabilities. 1 debentures 2 general reserves 3 long-term bank loan 4 ordinary share capital 5 preference share capital (non-redeemable) 6 retained earnings What is included in the company's shareholders' equity?

A1, 2, 4 and 5
B1, 3, 4 and 5
C2, 3, 4 and 6
D2, 4, 5 and 6

✓ Correct answer

D: 2, 4, 5 and 6

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Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2023 Paper 1 Variant 2, question 25.

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