A-LevelAccountingPreparation of financial statements9706/12 · May/June 2022 · Q181 Mark
The following information has been extracted from the statement of financial position of a limited company. 6% debenture (2026–2028) $20000 400000 ordinary shares of $1 each $400000 5-year bank loan $200000 share premium account $50000 retained earnings $75000 What is the value of the total equity?
A$525000
B$545000
C$695.000
D$725000
✓ Correct answer
A: $525000
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