+3 votes
in Class 12 by kratos
  1. Capital Reserves and Capital Redemption Reserves form part of “Reserves and Surplus”

  2. Loans and advances from related parties can be included under Long Term Borrowings as well as short term borrowings depending on the ** of loan.

1 Answer

+3 votes
by kratos
 
Best answer

1.True

  1. True
...