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Board Question Paper : July 2019 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : July 20191 Mark
Question
What is ‘Shareholders’ funds ?
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Answer

To rise capital, comapany issues prospectus as required by Law and invites public to purchase is shares. Those who purchase shares of company are called members or share holders of company.

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