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Indicate by Letter Whether Each of the Terms or Phrases

Question 96

Essay

Indicate by letter whether each of the terms or phrases listed below is more associated with financial statements prepared in accordance with U.S.GAAP (U)or International Financial Reporting Standards (I).
Terms and phrases
Preferred stock
Investment revaluation reserve
Liabilities listed after Equity in the balance sheet (statement of financial position)
Accumulated other comprehensive income
Asset revaluation reserve
Share premium
Equity listed after Liabilities in the balance sheet (statement of financial position)
Share premium
Net gains (losses)on investments-AOCI
Paid-in capital-excess of par
Ordinary shares
Preference shares
Common stock

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