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There is a three-stage process for disclosing information on the Balance Sheet Identification, measurement and reporting elements.As far as measurement (valuation) of the element

There is a three-stage process for disclosing information on the Balance Sheet – Identification, measurement and reporting elements. As far as measurement (valuation) of the element of the Balance Sheet is concerned, there are three ways: 1.      Using present value method 2.      Using Fair value method 3.      Using Historic cost

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