estion 25 yet wered which among the following statement is true? sked out of Current asset is held for trading in the normal course of business il. A current asset that can be transferred into cash within three months is known as current emove flag Both statements are correct Neither of the statements are correct. Ion 26 Only statement is correct. ve year to 31 December 2020 was OMR 160,000. The comparative 2019 consisted of 350,000 ordinary shares. A 1 for 4 bonus issue w ered Only statement (ii) is correct