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Commerce · Q1668

Accounting

Graduate and Post Graduate · Commerce · question 1668

Q1668

What shall be the amount of Shareholders fund, if Equity Share Capital is Rs. 16,00,000, 8% Preference Share Capital is Rs. 2,00,000, General Reserve Rs. 73,000, Profit and Loss account balance (Cr.) Rs. 41,000, Preliminary Expenses. Rs. 20,000 and Short-term liabilities Rs. 30,000:

A.
Rs. 15,00,000
B.
Rs. 18,94,000
Answer
C.
Rs. 19,14,000
D.
Rs. 19,34,000

Answer: Option B

Solution

Answer: Option B
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