Which items are included in the equity section of the statement of financial position of a limited

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Which items are included in the equity section of the statement of financial position of a limited company?

1. Bank overdraft

2. Debentures

3. General reserve

4. Ordinary shares

A. 1 and 2

B. 1 and 3

C. 2 and 4

D. 3 and 4

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Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

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Question Posted: Sep 16, 2021 01:44 AM

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Which items are included in the equity section of the statement of financial position of a limited

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option D is correct 3 and 4 Justifi...View the full answer

Cambridge IGCSE And O Level Accounting Coursebook

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