Question: Answer all the questions (20 marks) 1. Explain the term Events after the reporting period according to the standard (3 marks) 2. Write the differences

Answer all the questions (20 marks)

1. Explain the term Events after the reporting period according to the standard (3 marks)

2. Write the differences between Adjusting events and Non-adjusting events (6 marks)

3. Discuss the accounting treatment of adjusting events and non-adjusting events (6 marks)

4. Give two examples of adjusting events and non-adjusting events. (5 marks)

FINANCIAL ACCOUNTING

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