Multiple Choice
Birong Ltd.issued a $200 million preference share issue after reporting date.What is the classification of this subsequent event and what is the accounting treatment prescribed in AASB 110?
A) adjusting event; no disclosure necessary
B) adjusting event; with appropriate disclosure
C) non-adjusting event; no disclosure necessary
D) non-adjusting event; with appropriate disclosure
Correct Answer:
Verified
Correct Answer:
Verified
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