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    Business
  3. Study Set
    Australian Financial Accounting Study Set 1
  4. Exam
    Exam 17: The Statement of Comprehensive Income and Statement of Changes in E
  5. Question
    According to AASB 101,the Income Statement Provides a Total Profit
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According to AASB 101,the Income Statement Provides a Total Profit

Question 6

Question 6

True/False

According to AASB 101,the income statement provides a total profit figure to which opening retained earnings is added and from which dividends are deducteD.

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