Accounting Multiple Choice Question – 8 June 2021

Which item will be included in a Balance Sheet as a creditor?

Select ONE answer:

1. loan stock issued by a company
2. preference shares issued by a company
3. revaluation reserve
4. share Premium account

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 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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