Multiple Choice
If the retained earnings figure in a company balance sheet increases from the beginning of the year to the end of the year, it is most probable that:
A) profit for the year is more than dividends declared.
B) bonus shares have been issued.
C) additional capital has been raised during the year.
D) profit for the year is less than dividends declared.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: In a company balance sheet, the balance
Q26: Which of these accounting concepts conflict with
Q27: An advantage of a partnership compared with
Q28: Which statement is untrue for private (Ltd)
Q29: Which item can be a component of
Q31: If a company has a share capital
Q32: A shareholder in Company C owns 1,000
Q33: Which of these is a disadvantage of
Q34: Application of the (prudence) conservatism assumption can
Q35: The business most likely to operate as