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Home Questions 4DMGWAWZP4
Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:

Under which head of the balance sheet, Share capital is shown?

Options:

Paid-up Capital

Authorised Capital

Shareholder's Funds

Issued Capital

Correct Answer:

Shareholder's Funds

Explanation:

The shareholders’ funds are sub-classified on the face of the balance sheet.
a) Share Capital
b) Reserves and Surplus
c) Money received against Share Warrant

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