Practice~25 min
Exam-format practice
Ten Section A questions on shares, dividends, interest and tax.
Practice
Ten Section A questions, most with a company of their own. Before any share entry, write down: how many new shares, what nominal value, how much cash.
Exam. In a tax question, first decide what is asked: the charge in P/L (the estimate ± last year) or the liability in the SOFP (the estimate only).
One try per question. The solution and marks come after each answer.