Multiple Choice
After the completion of all steps in the issue of shares, the company's statement of financial position will show which of the following changes?
A) Assets increased, liabilities increased
B) Assets decreased, equity increased
C) Assets decreased, liabilities decreased
D) Assets increased; equity increased
Correct Answer:

Verified
Correct Answer:
Verified
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Q47: The appropriate accounting entry to record the
Q48: Which of the following statements is correct
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Q50: In accordance with AASB 138/IAS 38 Intangible
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Q56: The statement of changes in equity shows