What Is the Appropriate Treatment for Convertible Notes in Accordance

question 7

Multiple Choice

What is the appropriate treatment for convertible notes in accordance with AASB 132 "Financial Instruments: Presentation"?

• A) as a financial liability;
• B) as equity;
• C) as part debt and part equity;
• D) as a financial liability and disclosure of conversion option;
• E) None of the given answers.

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