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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 16: The Statement of Comprehensive Income and Statement of Changes in Equity
  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 15

Question 15

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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