Consider the following statements:
Assertion (A): Balance Sheet shows realisable value of business on a particular date.
Reason (R): Accounting provides all information needed by a businessman.
Now select your answer:

A. Both A and R are true, and R is the correct explanation of A

B. Both A and R are true, and R is not the correct explanation of A

C. A is true, but R is false

D. A is false but R is true

Answer: Option A