2. Which of the following is an appropriate aggregation? A. Cash and cash equivalents (Cash in bank and sinking fund) B. Trade and other receivables (Accounts receivable and investment in bonds) C. Trade and other payables (Accounts payable and accruals) D. Provisions (Income tax payable and warranty liability)
2. Which of the following is an appropriate aggregation? A. Cash and cash equivalents (Cash in bank and sinking fund) B. Trade and other receivables (Accounts receivable and investment in bonds) C. Trade and other payables (Accounts payable and accruals) D. Provisions (Income tax payable and warranty liability)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2. Which of the following is an appropriate aggregation?
A. Cash and cash equivalents (Cash in bank and sinking fund)
B. Trade and other receivables (
C. Trade and other payables (Accounts payable and accruals)
D. Provisions (Income tax payable and warranty liability)
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