Short Answer Question 2 - Presentation of Financial Statements

Choose whether each item below is reported in:

the statement of financial position

profit or loss in the statement of profit or loss and other comprehensive income

other comprehensive income in the statement of profit or loss and other comprehensive income

the statement of changes in equity

the notes to the financial statements.

Goodwill	Answer 1Choose...statement of changes in equitythe statement of financial positionnotes to the financial statements.other comprehensive income in the statement profit or loss and other comprehensive incomeprofit or loss in the statement of profit or loss and other comprehensive incomestatement of financial position
Gain on revaluation of land OCI	Answer 2Choose...statement of changes in equitythe statement of financial positionnotes to the financial statements.other comprehensive income in the statement profit or loss and other comprehensive incomeprofit or loss in the statement of profit or loss and other comprehensive incomestatement of financial position
Judgements that management has made in classifying financial assets	Answer 3Choose...statement of changes in equitythe statement of financial positionnotes to the financial statements.other comprehensive income in the statement profit or loss and other comprehensive incomeprofit or loss in the statement of profit or loss and other comprehensive incomestatement of financial position
Capital contributed during the year	Answer 4Choose...statement of changes in equitythe statement of financial positionnotes to the financial statements.other comprehensive income in the statement profit or loss and other comprehensive incomeprofit or loss in the statement of profit or loss and other comprehensive incomestatement of financial position
Cash and cash equivalents