Accounting Multiple Choice Question – 12 March 2022

Which items are capital reserves?

1 debentures
2 retained earnings
3 revaluation reserve
4 share premium

Select ONE answer:

1. 1 and 2
2. 1 only
3. 3 and 4
4. 4 only

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
4. Not correct

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