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The statement of profit or loss: The statement of profit or loss: reports the assets, liabilities and equity at a specific point in time. summarises
The statement of profit or loss:
The statement of profit or loss:
reports the assets, liabilities and equity at a specific point in time.
summarises the change in retained earnings over a specific period of time.
presents the income and expenses of an entity for a specific period of time.
reports the changes in assets, liabilities and equity over a period of time.
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