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O-LevelAccountingThe fundamentals of accounting7707/12 · May/June 2023 · Q251 Mark

What is meant by the term equity?

Adividend paid to ordinary shareholders
Bfunds raised through borrowing
Cinterest paid to debenture holders
Dtotal funds provided by shareholders

✓ Correct answer

D: total funds provided by shareholders

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2023 Paper 1 Variant 2, question 25.

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