wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
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
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
₹30,000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
₹1,20,000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
₹70,000
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

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

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Non-Current and Current Assets
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon