A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2016 · Q191 Mark

Which action will increase the equity of a limited company?

Acreating a general reserve

Bissuing bonus shares

Cissuing debentures

Dissuing non-redeemable preference shares

✓ Correct answer

D: issuing non-redeemable preference shares

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2016 Paper 1 Variant 2, question 19.

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