Read the following information carefully and answer the question. The Balance Sheet of ABC Ltd as on 31 March 2022:
Additional information : 1. Market price of share = 34 2. Net profit after tax = 1,50,000 3. Tax = 50,000 |
Shareholder's fund will be : |
₹6,84,000 ₹5,00,000 ₹4,00,000 ₹5,84,000 |
₹6,84,000 |
The correct answer is option 1- ₹6,84,000. Shareholders’ Fund = Equity Share Capital + Preference Share Capital + General Reserve |