1.

Assertion (A):The amount credited to calls in advance was Rs.1,500Reason (R):If authorized by Articles of Association, A Company may accept call in advance from its shareholders.(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation ofAssertion (A)(B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanationof Assertion (A)(C) Assertion (A) is true but Reason (R) is false.(D) Assertion (A) is false but Reason (R) is true.

Answer»

Correct option is (B) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)



Discussion

No Comment Found

Related InterviewSolutions