O-LevelAccountingPreparation of financial statements7707/11 · May/June 2019 · Q241 Mark

What does not appear in a statement of changes in equity?

Adebenture interest paid

Binterim dividend paid on ordinary shares

Cissue of ordinary shares

Dtransfer to general reserve

✓ Correct answer

A: debenture interest paid

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Topic: Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2019 Paper 1 Variant 1, question 24.

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