Mohika Sinha (Student CA- Final CS- Executive) (169 Points)
05 July 2011how to calculate shareholders funds in the following case? the answer in my book is8 lakhs
| equity shareholders' funds | 6,00,000 |
| preference share capital | 1,00,000 |
| reserves & surplus | 6,00,000 |
| miscellaneous expenditure | 2,00,000 |
gillbates
(student)
(277 Points)
Replied 08 July 2011
NET WORTH / EQUITY / OWNERS FUNDS = EQUITY + PREFERENCE + RESERVES & SURPLUS -
ACCUMULATED LOSSES-MISC.EXP.
equity share holder funds :600000
preference share capital : 100000
reserves & surplus : 600000
toal 1300000
less: misc exp. 200000
shareholders funds 1100000
this is my ans. sinha
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