Question: QUESTION ONE [ 2 5 ] On 0 1 July 2 0 1 6 , Aiden Limited decided to change its accounting policy in order

QUESTION ONE

[25]

01

July

2016,

Aiden Limited decided to change its accounting policy in order to expense finance costs as a period cost instead of capitalising them as was previously done. The effect of this change on the annual financial statements has been summarised as follows:

\

table

[[

Finance costs,

2014, 2015, 2016

QUESTION ONE [25] On 01 July 2016, Aiden Limited decided to

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