Short Answer Question 1 - Presentation of Financial Statements

Choose whether each item below is reported in:

1. the statement of financial position
2. profit or loss in the statement of profit or loss and other comprehensive income
3. other comprehensive income in the statement of profit or loss and other comprehensive income
4. the statement of changes in equity
5. the notes to the financial statements.

1. judgements that management has made in classifying financial assets

2. Cash and cash equivalents

3. Contingent liabilities

4. Revaluation gain on land OCI

5. Capital contributed during the year