Given below are two statements:
Statement (I): \textit{Nitrogen, sulphur, halogen, and phosphorus present in an organic compound are detected by Lassaigne's Test.}
Statement (II): \textit{The elements present in the compound are converted from covalent form into ionic form by fusing the compound with Magnesium in Lassaigne's test.}
In the light of the above statements, choose the correct answer from the options given below: