Proprietary funds are equal to:

CS Executive · Corporate and Management Accounting · PYQS · December 2024
Proprietary funds are equal to:
(A) Equity Share Capital + Reserves – Fictitious Asset + Current Assets
(B) Equity Share Capital + Preference Share Capital – Fictitious Asset + Fixed Assets
(C) Equity Share Capital + Preference Share Capital – Fictitious Asset + Reserves
(D) All of the above are correct

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Shareholders' Funds

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic