Which of the following shall an entity disclose for loans payable recognized at the end of the reporting period? * Select all that applies. Details of any defaults during the period of principal, interest, sinking fund, or redemption terms of those loans payable
Which of the following shall an entity disclose for loans payable recognized at the end of the reporting period? * Select all that applies. Details of any defaults during the period of principal, interest, sinking fund, or redemption terms of those loans payable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following shall an entity disclose for loans payable recognized at the end of the reporting period? *
Select all that applies.
Details of any defaults during the period of principal, interest, sinking fund, or redemption terms of those loans payable
Whether the terms of the loans payable were renegotiated, before the financial statements were authorised for issue
The fair value of the loans payable in default at the end of the reporting period
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