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    Question

    In the financial statements, the disclosures related to

    share capital are given under _________
    A Profit & Loss account Correct Answer Incorrect Answer
    B Cash flow statement Correct Answer Incorrect Answer
    C Notes to Accounts Correct Answer Incorrect Answer
    D AuditorsтАЩ Report Correct Answer Incorrect Answer
    E General Instructions Correct Answer Incorrect Answer

    Solution

    Disclosures relating to share capitalтАФsuch as authorised, issued, subscribed, and paid-up capital, rights, restrictions, and changesтАФare provided in the Notes to Accounts as per Schedule III of the Companies Act. The Balance Sheet presents the summary figures, while detailed information is mandatorily disclosed in the notes.

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