Question

46. Calculate the shareholder Fund as per Schedule III-60,000 Equity shares @ 10 each,
3,000 Preference Shares @ 100 each, Reserve & surplus-1,00,000.​

Answer 1

Step-by-step explanation:

Balance Sheet

Particulars

Note No.

Amount

(Rs)

I. Equity and Liabilities

1. Shareholders’ Funds

a. Share Capital

1

44,99,000

2. Non-Current Liabilities

3. Current Liabilities

Total

44,99,000

II. Assets

1. Non-Current Assets

2. Current Assets

a. Cash and Cash Equivalents

2

44,99,000

Total

44,99,000