Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:

How many subheads are made under the main head 'shareholders fund' in the company's balance sheet?

Options:

1

2

3

4

Correct Answer:

3

Explanation:

EQUITY AND LIABILITIES
1) Shareholder’s Funds
   (a) Share Capital
   (b) Reserves and Surplus
   (c) Money received against share warrants