Equity would decrease if:
A) A dividend was distributed
B) An amount was transferred to general reserves
C) An entity issued more share capital
D) An entity revalued assets upwards.
Correct Answer:
Verified
Q6: Revenue reserves are:
A) Accumulated and undistributed profits
Q7: Capital reserves are:
A) Accumulated and undistributed profits
Q8: The correct ledger entries to record the
Q9: When preparing financial statements in periods of
Q10: A set of financial statement that are
Q11: Which of the following is not part
Q12: How a periods profit or loss has
Q14: Which of the listed sources of finance
Q15: A debenture is:
A) Equity capital of the
Q16: Which of the listed sources of finance
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