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O-LevelAccountingPreparation of financial statements7707/12 · May/June 2018 · Q241 Mark

Which item would be entered in a statement of changes in equity?

Adebenture interest accrued
Bdebenture interest paid
Cordinary dividend paid for current year
Dordinary dividend proposed for current year

✓ Correct answer

C: ordinary dividend paid for current year

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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 2018 Paper 1 Variant 2, question 24.

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