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Total assets - Liabilities is equal to?

1. Share Capital

 

2. Reserves

 

3. Share Capital + Reserves

 

4. Current liabilities

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Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/08/04
Ahmer Zamir
by Ahmer Zamir , Consultant , Saleem Associates & Co

The Correct option is3) Share Capital + Reserves

Michael Lagunday
by Michael Lagunday , Accounts Assistant , Invest Group Overseas LLC

My answer is3. Share Capital + Reserves.

 

Total assets less liabilities equals owners’ equity. Share Capital + Reserves + Retained Earning comprise the Shareholders’ Equity. With that, the best answer would be option3. assuming that the entity just started yet.

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option3 is the right answer.

Jawad Ali Ali
by Jawad Ali Ali , Accounts Officer , Educational Excellence Limited

the best answer would be option ......................3

Deleted user
by Deleted user

3. Share Capital + Reserves.......................................................

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Number3 is the correct answer Thank you

Iftikhar Hussain Shah
by Iftikhar Hussain Shah , Senior Manager Audit & Assurance , Deloitte LLP

Share capital plus reserves (equity).

Wasim khan wazir
by Wasim khan wazir , Finance Specialist , Mott Macdonald

Share capital.....................................

Falah Musthafa
by Falah Musthafa , Audit Executive , MIM International Consultancies

Total Assets - Liabilities = Owner's Equity.

Owner's Equity = Share Capital + Reserves & Surplus.

 

Thus the right answer is3.

mohamed fares
by mohamed fares , senior accountant , سيف الله مصطفى

total assets minus total liabilities equal share capital plus reserves which mean total equity

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