A company supplied the following information. | | $\$$ | | :--- | ---: | | issued and paid up share capital | 300000 | | general reserve | 45000 | | long-term bank loan | 8000 | | retained earnings | 35000 | | $6 \%$ debentures | 25000 | What is the total equity?

Explanation

The total equity is the sum of the issued and paid-up share capital, general reserve, and retained earnings, which is $300000 + $45000 + $35000 = $380000.

⬆ Related Topic

View Topic Hub →

📘 Syllabus

View IGCSE Class 10 Syllabus →

📝 Practice Questions

Practice Previous Year Questions →

🤖 Practice with AI

Generate Practice Question Paper →

📚 Related Concepts

• Write a short note on Expansion of Solids, Liquids, Gases.
• Define Temperature.
• Write a short note on Sound and Hearing.
• Explain the concept of Sound and Hearing.
• Write a short note on Friction.