Dont answer if you not 100% sure , Do not provide AI generated answer It is wrong

26 In accordance with IAS 32 Financial Instruments: Presentation, which of the following describes an equity instrument? A contractual obligation to deliver cash or another financial asset to another entity A contract which is evidence of a residual interest in the assets of an entity after deducting all of its liabilities A contractual right to exchange financial instruments with another entity under potentially favourable conditions A contract which gives rise to both a financial asset of one entity and a financial liability of another "otherwise I' ll give downvote "provided answer are wrong'