A-LevelAccountingCompany AccountsMay/June 2019Paper 1 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
The correct answer is C. This question tests the candidate's understanding of company accounts 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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