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IAS 21 The Effects of Changes in Foreign Exchange Rates requires different treatments for monetary and non-monetary items. Which of the following is NOT a

IAS 21 The Effects of Changes in Foreign Exchange Rates requires different treatments for monetary and non-monetary items. Which of the following is NOT a monetary item in accordance with IAS 21?

a. Trade receivable

b. Trade payable

c. Borrowings

d. Equipment

e. Cash in hand

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