alleryStart learning →A third balance sheet under Ind AS 1 is as at which date?
AEnd of the next period
BStart of the preceding period
CEnd of the current period
DMid-point of the current period
Answer & Solution
Correct answer: B. Start of the preceding period
The three balance sheets are as at the end of the current period, the end of the preceding period and the beginning of the preceding period.
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