Multiple Choice
How does a bonus issue of shares impact the equity of a company?
A) Total equity increases.
B) Total equity decreases.
C) Only the amount of issued share capital changes.
D) One equity account increases and another equity account decreases by an equal amount.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: In respect to a company's issue of
Q6: The balance in the retained earnings account
Q7: Which of the following statements relating to
Q8: The appropriate journal entry to recognise the
Q9: A company's capital consists of 100
Q11: The following items appear in the statement
Q12: Regulations for share buy-backs are primarily designed
Q13: Which account represents excess proceeds received and
Q14: Gains and losses on available-for-sale financial assets
Q15: A company's capital consists of 100 000