Question

Which of the following in Not the part of owner's funds?. Single choice.

(1 Point)

Retained Earnings

Preference Share

Inter Corporate Deposits

Global Depository Receipts​

Answer 1

Answer:

The company issues bonus shares out of its own reserves and hence there is no money received by the company for such shares. Rest all being sale of fixed assets, issue of share capital and issue of shares for consideration other than cash are a part of sources of funds.