Accounting Multiple Choice Question – 24 October 2021

From which of the following do revenue reserves arise?

Select ONE answer:

1. the issue of new shares by a company
2. the revaluation of fixed assets
3. the share premium received on shares issued by the company
4. the trading activities of a company

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 4

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

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