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O-LevelAccountingPreparation of financial statements7707/12 · May/June 2024 · Q241 Mark

Which items would appear in the statement of changes in equity of X Limited for the year ended 30 June 2020? 1. interim dividend paid on 31 March 2020 2. proposed dividend for the year ended 30 June 2020 3. proposed final dividend for the year ended 30 June 2019 paid on 31 October 2019 4. transfer to general reserve on 30 June 2020

A1, 3 and 4
B1 and 3 only
C2, 3 and 4
D2 and 4 only

✓ Correct answer

A: 1, 3 and 4

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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 2024 Paper 1 Variant 2, question 24.

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