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Draft a report to Carsons Ltd's senior management containing the following: a) A statement of profit or loss and comprehensive income for the year

Draft a report to Carsons Ltd's senior management containing the following: a) A statement of profit or loss and comprehensive income for the year ending 31 December 2020 and a statement of financial position as at 31 December 2020 adjusted for the issues identified within Appendix 3. You should also provide a commentary detailing how you arrived at your chosen treatment making reference to specific IFRSS. Please see Appendix 4 for a suggested proforma to present your workings.

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