Required State whether each item is reported: 1. in the statement of financial position 2. in profit or loss in the statement of profit or loss and other comprehensive income 3. as other comprehensive income in the statement of profit or loss and other comprehensive income 4. in the statement of changes in equity 5. in the notes to the financial statements. Item How item is reported in financial statements (a) contingent liabilities (b) the effect on retained earnings of the correction of a prior period error (c) cash and cash equivalents (d) capital contributed during the year (e) revaluation gain on land (not reversing any previous revaluation) (f) judgements that management has made in classifying financial assets (g) income tax expense (h) Provisions
. Required
State whether each item is reported:
1. in the
2. in profit or loss in the statement of profit or loss and other comprehensive income
3. as other comprehensive income in the statement of profit or loss and other
comprehensive income
4. in the statement of changes in equity
5. in the notes to the financial statements.
Item How item is reported in financial
statements
(a)
(b) the effect on
correction of a prior period error
(c) cash and cash equivalents
(d) capital contributed during the year
(e) revaluation gain on land (not reversing
any previous revaluation)
(f) judgements that management has made
in classifying financial assets
(g) income tax expense
(h) Provisions
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