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According to IAS 1,which of the Following Items Should Be

question 26

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According to IAS 1,which of the following items should be disclosed either on the balance sheet or in notes?


Definitions:

Trespass

Entering onto someone's property without permission, which is considered a legal wrongdoing.

Eavestroughs

Gutters fixed beneath the edge of a roof for draining rainwater from a roof.

Shortcut

A more direct route or method than the usual one, often used to save time or effort.

Neighbour's Backyard

The outdoor area or garden located at the back of a neighbor's house, often referenced in discussions about privacy and property boundaries.

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