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Company ABC is a listed firm. The principal business activity of ABC is to manufacture consumer electronic products such as televisions and washing machines. Company

Company ABC is a listed firm. The principal business activity of ABC is to manufacture consumer electronic products such as televisions and washing machines. Company ABC prepares its financial statements based on International Financial Reporting Standards. The statement of financial position of Company ABC as at 31 December 20X3 and its comparative are shown below:-

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