Question: Match the U. S. GAAP term with the IFRS term. There may be more than one match and responses may be repeated. U. S. GAAP
U. S. GAAP
A. Contributed capital
B. Additional paid- in capital
C. Retained earnings
D. Accumulated other comprehensive income
E. Common stock
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IFRS - Reserves -Accumulated profit and loss Answer Share premium -Other reserves - Share capital
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