Which of these statements about limited liability companies is/are correct?

(1)   A company might make a bonus (capitalisation) issue to raise funds for expansion.
(2)   The profit or loss on the disposal of part of a company’s operations must be
        disclosed in the income statement as an extraordinary item if material.
(3)   Both realised and unrealised gains and losses may be included in the statement of changes in equity required
       by IAS 1 Presentation of Financial Statements.

A    1 and 3
B    2 and 3
C   1 and 2
D   3 only

D

D