(Answered) Companies that follow ifrs to prepare a statement of

Finance

Companies that follow IFRS to prepare a statement of financial position generally use the following order of classification:

(a) current assets, current liabilities, noncurrent assets, noncurrent liabilities, equity.

(b) noncurrent assets, noncurrent liabilities, current assets, current liabilities, equity.

(d) equity, noncurrent assets, current assets, noncurrent liabilities, current liabilities

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