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ZIMSEC A-Level Accounting

1.16Issue and Redemption of Loan Notes

Issue and Redemption of Loan Notes in ZIMSEC A-Level Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic23 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 1.16.1Explain the purposes of loan notes and their effects on the statement of financial position.
  2. 1.16.2Draft extracts of the statement of financial position after the issue or redemption of loan notes.

Lessons

  • Loan notes and debentures: issue, redemption and convertible loan stock

    55 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Issue and Redemption of Loan Notes: sample question

1 mark

Loan notes that are repayable within 12 months of the year end are shown as:

Choose one answer

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