Match the selected sections of IASB-proposed statement of financial position (letters) with their respective components (numbers). a.
Question:
a. Short-term assets
b. Long-term assets
c. Short-term liabilities
d. Long-term liabilities
e. Investing assets
f. Financing assets
g. Short-term financing liabilities
h. Discontinued Operations
1. Accrued pension liability
2. Cash
3. Accounts receivable, trade
4. Wages payable
5. Available-for-sale financial assets
6. Foreign exchange contracts- cash flow hedge
7. Accounts payable, trade
8. Inventory
9. Short-term borrowing
10. Assets held for sale
11. Prepaid advertising
12. Goodwill
13. Interest payable
14. Advances from customers
15. Property, plant and equipment
16. Dividends payable
17. Interest payable on lease liability
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Related Book For
International Financial Reporting Standards An Introduction
ISBN: 978-1133187943
3rd Edition
Authors: Belverd E. Needles, Marian Powers
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