Skip to main content
A-LevelAccountingPreparation of financial statements9706/12 · May/June 2018 · Q171 Mark

What could be used to fund a bonus issue of shares? 1 general reserve 2 retained earnings 3 share premium

A1, 2 and 3
B1 and 2 only
C1 and 3 only
D3 only

✓ Correct answer

A: 1, 2 and 3

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Preparation of financial statements and see which topics are most likely to come up next.

Sign up free →

About this question

Topic
Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2018 Paper 1 Variant 2, question 17.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

© 2026 Oracle Prep