Question

What information should be disclosed in the notes to accounts regarding share capital?

a.

Only the number and amount of shares authorized.

b.

Number of shares issued and subscribed.

c.

Rights, preferences, and restrictions attaching to each class of share capital.

d.

All of the above

Posted under IC 89 Management Accounting

Answer: (d).All of the above Explanation:The notes to accounts regarding share capital should include information such as the number and amount of shares authorized, number of shares issued and subscribed, and rights, preferences, and restrictions attaching to each class of share capital.

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Q. What information should be disclosed in the notes to accounts regarding share capital?
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