ndicate whether each of the terms or phrases listed below is more associated with financial statements prepared in accordance with U.S. GAAP or International Financial Reporting Standards Terms and phrases 1 Common stock 2 Preference shares 3. Liabilities often listed before equity in the balance sheet (statement of financial position) 4 Asset revaluation reserve 5. Accumulated other comprehensive Income 6. Share premium 7. Equity often listed before liabilities in the balance sheet (statement of financial position 8 Translation reserve 9 Ordinary shares 10. Pald-in capital excess of par 11 Net gains (losses) on investments - AOCI 12. Investment revaluation reserve 13. Preferred stock