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For each account title given, identify the financial statement element used for IFRS reporting within...

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Accounting

For each account title given, identify the financial statement element used for IFRS reporting within which it would directly be reported on the financial statements. A financial statement element can be used more than once. Foreign Currency Translation Answer 1 Common Shares Answer 2 Reserves Answer 3 Notes Payable, Long-Term Portion Answer 4 Finance Costs Answer 5 Prepaid Expenses Answer 6 Loss on Sale of Equipment Answer 7 Salaries Payable

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