| Directions: Each of the following questions consists of two statements, one is Assertion (A) and the other is Reason (R). Give answer: |
| Assertion (A): Authorised capital is shown in the notes to accounts on share capital. |
| Reason (R): Authorised capital for equity share capital and preference share capital are not shown separately in the notes to accounts on share capital. |
A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
C) Assertion (A) is true but Reason (R) is false.
D) Assertion (A) is false but Reason (R) is true.
Correct Answer: C
Solution :
[c]
You need to login to perform this action.
You will be redirected in
3 sec
