During the audit of EF Limited for the financial year 2024-25, Mr. Uday, an articled clerk was assigned the task of preparing additional information…

During the audit of EF Limited for the financial year 2024-25, Mr. Uday, an articled clerk was assigned the task of preparing additional information to be disclosed relating to Crypto Currency or Virtual Currency transactions in the financial statements, in accordance with the Companies Act, 2013. As a senior auditor, help Mr. Uday to identify which of the points, out of the options given, should be included in the additional information to be disclosed relating to Crypto Currency or Virtual Currency. Profit or loss on transactions involving Crypto currency or Virtual Currency.Maximum amount of currency held during the financial year.Market value of crypto currency at the end of the financial year.Amount of currency held as at the reporting date.Deposits or advances from any person for the purpose of trading or investing in Crypto Currency/ virtual currency.