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Discuss briefly what information the following statements provide to users and why they are important. 1) Statement of Financial Position - 10 marks 2) Statement

Discuss briefly what information the following statements provide to users and why they are important.

1) Statement of Financial Position - 10 marks

2) Statement of Cash Receipts and Payments - 10 marks

3) Statement of Financial Performance - 10 marks

4) Statement of Memorandum Accounts - 10 marks

5) Notes to the Financial Statements - 10 marks

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