
Which transaction will cause an increase in shareholders’ capital?
Select ONE answer:
- disposal of a fixed asset for more than its book value
- increasing the provision for bad debts
- receipt of a loan
- receipt of payment from debtor in cash
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
- Correct
- Not correct
- Not correct
- Not correct
This work is licensed under a Creative Commons Attribution 4.0 International License.