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Company accounts

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Company accounts

  • This topic has 5 replies, 2 voices, and was last updated 10 years ago by AvatarJohn Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • May 4, 2016 at 5:50 am #313599
    Avatarabrizni10
    Member
    • Topics: 55
    • Replies: 49
    • ☆☆

    Dear pls help me out, I’m kinda stuck in this

    An extract from a company’s financial postion is given.

    issued ordinary share capital 250
    issued preference shares 180
    profit and loss account 320
    share premium account 125
    8% loan notes 100
    What are the ordinary shareholders’ funds?

    May 4, 2016 at 7:38 am #313631
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    250 + 320 + 125 = 695

    May 4, 2016 at 8:11 am #313638
    Avatarabrizni10
    Member
    • Topics: 55
    • Replies: 49
    • ☆☆

    I want to ask what is shareholders fund mean?

    May 4, 2016 at 11:20 am #313657
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    Money belonging to ordinary shareholders.

    May 4, 2016 at 12:54 pm #313677
    Avatarabrizni10
    Member
    • Topics: 55
    • Replies: 49
    • ☆☆

    So sir it mean, that how dividend much paid?

    May 4, 2016 at 5:34 pm #313699
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    But what has that to do with your original question? I do not understand what you are asking now.

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