Calculate shareholders

CPT 746 views 1 replies

how 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
Replies (1)

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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