[amp_mcq option1=”Rs. 15,00,000″ option2=”Rs. 18,94,000″ option3=”Rs. 19,14,000″ option4=”Rs. 19,34,000″ correct=”option2″]<\/p>\n
The correct answer is B. Rs. 18,94,000.<\/p>\n
Shareholders’ fund is the total amount of money that shareholders have invested in a company. It is calculated by adding up the company’s equity share capital, preference share capital, and reserves.<\/p>\n
In this case, the company has an equity share capital of Rs. 16,00,000, a preference share capital of Rs. 2,00,000, a general reserve of Rs. 73,000, a profit and loss account balance of Rs. 41,000, preliminary expenses of Rs. 20,000, and short-term liabilities of Rs. 30,000.<\/p>\n
Therefore, the shareholders’ fund is calculated as follows:<\/p>\n
Shareholders’ fund = Equity share capital + Preference share capital + General reserve + Profit and loss account balance – Preliminary expenses – Short-term liabilities<\/p>\n
= Rs. 16,00,000 + Rs. 2,00,000 + Rs. 73,000 + Rs. 41,000 – Rs. 20,000 – Rs. 30,000<\/p>\n
= Rs. 18,94,000<\/p>\n
The other options are incorrect because they do not take into account all of the components of shareholders’ fund.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Rs. 15,00,000″ option2=”Rs. 18,94,000″ option3=”Rs. 19,14,000″ option4=”Rs. 19,34,000″ correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-52871","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n