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Question

ABC Co. has current assets of ₹50,000 and total assets of ₹1,50,000. It has a current liabilities of ₹30,000 and total liabilities of ₹80,000. What is the amount of the shareholders' fund?

A
₹20,000
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B
₹30,000
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C
₹1,20,000
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D
₹70,000
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Solution

The correct option is D ₹70,000
Shareholders’ Fund
= Total Assets - Total Liabilities
= ₹1,50,000 - ₹80,000
= ₹70,000

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