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CUET UG/Accountancy/Financial Statements/2022

CUET UG 2022 — Accountancy Financial Statements

2022mcqmedium

Identify the components of equity:

A. Money received against share warrants
B. Working capital
C. Share capital
D. Reserves & surplus
E. Cash Revenue from operations

Choose the correct answer from the options given below:

Official previous-year question

Held on 30 Aug 2022 · Verified 13 Jul 2026.

Options

A
A, C & E only
B
B, C & D only
C
A, B & C only
D
A, C & D only

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Solution

Equity (Shareholder's Funds) consists of Share Capital (C), Reserves and Surplus (D), and Money received against share warrants (A). Working capital is the difference between current assets and liabilities. Cash revenue is from income statement, not equity.

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