Multiple choice

Which of the following are include in Equity Shareholders' Funds? I. Equity Share Capital

II. Preference Share Capital

III. Reserve & Surplus

IV. Long-term Funds

  1. I, II, III & IV

  2. I & II

  3. I & III

  4. I, III & IV

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Reserve & Surplus belong to shareholders because Reserve & Surplus arise from profit. Profit is the earning of the owners.