SABMiller PLC was formed when U.S.-based Miller Brewing Company merged with South African Breweries in 2002. SABMiller
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SABMiller PLC was formed when U.S.-based Miller Brewing Company merged with South African Breweries in 2002. SABMiller uses IFRS in preparing its financial statements. The following is taken from the March 31, 2010, consolidated balance sheet of SABMiller PLC:
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Describe the content of each of the line items presented using accounting terminology commonly used in the United States.
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SABMiller Terminology USTerminology Share capital Commonstock Share premium Paid in capitalin excess ...View the full answer
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