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<p><strong><span style="text-align:justify;">(a) Authorized Share Capital,</span></strong></p> <p><strong><span style="text-align:justify;">(b)Equity Share Capital plus Reserves and Surplus,</span></strong></p> <p><strong><span style="text-align:justify;">(c)Equity Share Capital plus Preference Share Capital, </span></strong></p> <p><strong><span style="text-align:justify;">(d) Equity Share Capital plus Long-term Debt.</span></strong></p>
B
ANSWER IS B
b) Equity Share Capital plus Reserves and Surplus,
B correct answer
answer
(b)Equity Share Capital +Reserves +Surplus,
Choice B, "Equity Share Capital plus Reserves and Surplus" is the right answer
I think B is appropriate answer.
The Correct Answer is :
(b)Equity Share Capital plus Reserves and Surplus,
(B): Equity Share capital plus retained earning and surplus.
I would select (B), that is the Common stock + Retained earnings + any reserves and surplus. All these items called equity accounts.
