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Question: 1. Discuss the differences that exist in the treatment of bank overdrafts under GAAP and IFRS.

2. Describe the treatment of each of the following items under IFRS versus GAAP.

(a) Interest paid. (c) Dividends paid.

(b) Interest received. (d) Dividends received.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92665509

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