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Dear sir,
would you explain me why the full fair value increase of newly born calves are included in the statement of profit and loss and at the same time included in the balance sheet by the same amount.
Let me ask you this ….
…. in the first year of a company and the company charges depreciation on its assets, why is the depreciation charge in the statement of profit or loss the same as the provision for depreciation in the statement of financial position.
Answer that one for me and then see if you can’t solve your own question.
If you still can’t, post again and I’ll explain it for you more simply
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