A-LevelAccountingPreparation of financial statements9706/12 · May/June 2019 · Q161 Mark

The following balances are extracted from the books of J Limited. | | 30 April 2019 $ | 30 April 2018 $ | |:---|:---|:---| | ordinary shares of $0.50 each | 700 000 | 500 000 | | share premium | 90 000 | 50 000 | How many ordinary shares have been issued during the year ended 30 April 2019?

A200 000

B240 000

C400 000

D480 000

✓ Correct answer

C: 400 000

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2019 Paper 1 Variant 2, question 16.

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The following balances are extracted from the books of J Limited. | | 30 April 2019 $ | 30 April 2018 $ | |:---|:---|:---| | ordinary shares of $0.50 each | 700 000 | 500 000 | | share premium | 90 000 | 50 000 | How many ordinary shares have been issued during the year ended 30 April 2019?

✓ Correct answer

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