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O-LevelAccountingPreparation of financial statements7707/11 · May/June 2012 · Q261 Mark

Which group of items would appear in the capital and reserves section of a limited company balance sheet?

Aordinary share capital, debentures, retained earnings
Bordinary share capital, ordinary share dividend, preference share capital
Cpreference share capital, ordinary share capital, debentures
Dpreference share capital, ordinary share capital, retained earnings

✓ Correct answer

D: preference share capital, ordinary share capital, retained earnings

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About this question

Topic
Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2012 Paper 1 Variant 1, question 26.

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