Paige's Statement of Financial Position at 30 April 20X5 Shows

Multiple Choice

Paige's statement of financial position at 30 April 20X5 shows the following: Paige is currently negotiating a further long-term loan of £10 000.If she is successful, and assuming no other transactions, which of the following statements will be correct in respect of her business's financial position?

A) Capital will increase by £10 000
B) Long-term liabilities will increase by £10 000 but no other figure will be affected
C) The capital figure will remain unchanged
D) Current assets will remain unchanged