A 2018 balance sheet of Royal Dutch Shell, a huge oil and gas company that prepares financial
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A 2018 balance sheet of Royal Dutch Shell, a huge oil and gas company that prepares financial statements using IFRS, reported the following dollar amounts (in millions).
First, format these balance sheet sections in a manner that is used by many non-U.S. companies and then format the sections in the manner most common in the United States. Comment on the differences and how they highlight different concepts.
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NonUS FormatAssetsNoncurrent assets 301712Current assets 97482Total assets 399194 Liabilities and Eq...View the full answer
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