Accounting Multiple Choice Question – 19 March 2021

An extract from a company’s Balance Sheet is given below. 

What are the ordinary shareholders’ funds?

Select ONE answer:

1. £50,000
2. £54,000
3. £64,000
4. £80,000

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct – £50k + £10k + £4k
4. Not correct

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