Question

In: Accounting

Per IFRS, which would be listed first in the Stockholders’ Equity/Liability side of the balance sheet?...

Per IFRS, which would be listed first in the Stockholders’ Equity/Liability side of the balance sheet?

Select one:

a. Current Liabilities

b. Noncurrent Liabilities

c. Share Capital

d. Retained Earnings

e. Treasury Stock

Solutions

Expert Solution

a. current liabilities.

(the above option can be selected).

The following is the order in which accounts will be presented in a balance sheet prepared using IFRS;

(in the order of liquidity).

Current liabilities

Non current liabilities

Share capital

Retained earnings

Treasury stock.

ekkarill92 answered 2 years ago
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