A-LevelAccountingPreparation of financial statements9706/12 · May/June 2022 · Q171 Mark

Which item should not be recorded in a statement of changes in equity?

Abonus issue of ordinary shares

Bdividends paid on ordinary shares

Cprofit from operations for the year

Dtransfer to general reserve

✓ Correct answer

C: profit from operations for the year

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About this question

Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2022 Paper 1 Variant 2, question 17.

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