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Prepare a statement of profit or loss and other comprehensive income

  • BAE
  • Sep 11, 2021
  • 1 min read

Based on the ledger balances and the additional information provided, prepare a statement of profit or loss and other comprehensive income (classify expenses by nature), a statement of financial position, a statement of changes in equity and a notes to financial statements (wherever information available) for Cloudy Ltd for the year ended 30 June 2016, to comply with AASB 101

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