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Theory Base of Accounting — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountTheory Base of Accounting3 Marks
Question
Which financial statements are prepared under IFRS?
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Answer

Financial Statements prepared under IFRS include:
  1. Statement of Financial Position.
  2. Statement of Comprehensive Income.
  3. Statement of Changes in Equity.
  4. Statement of Cash Flow.
  5. Notes and Significant Accounting Policies.

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