Question : What items are not included in the Equity Shareholder's Fund?
Option 1: Equity Share Capital
Option 2: Profits, Reserves
Option 3: Money received against share warrants
Option 4: Accumulated losses
Correct Answer: Money received against share warrants
Solution : Answer = Money received against share warrants
The Equity Shareholder's Fund typically includes equity share capital, profits, reserves, and accumulated losses. Money received against share warrants is not usually included in the Equity Shareholder's Fund because it represents funds received by the company for potential future issuance of shares rather than actual equity held by shareholders. Hence, the correct option is 3.
Question : Money Received Against Share Warrants are shown under the head of ------
Option 1: Other Non-current Liabilities
Option 2: Long-term Provisions
Option 3: Current liabilities
Option 4: Shareholder's fund
Question : Which of the following statements is incorrect?
Option 1: Working Capital = Current Assets - Current Liabilities
Option 2: Current Liabilities = Total Assets - Non-Current Liabilities - Shareholder's fund
Option 3: Working Capital = Equity Share Capital + Reserves & Surplus - Long Term Loan - Non-Current Assets
Option 4: None of the above
Question : Reserves, Accumulated (Undistributed) Profits And Losses will be
Option 1: Distributed in remaining partner’s capital account
Option 2: Distributed among all partner’s capital account in old ratio
Option 3: Distributed among all partner’s capital account in New profit sharing ratio
Option 4: Distributed among old partners capital account in gaining ratio
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