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The correct option is B) false
I was taught equity is before liability, I assume all companies have their own format. so False.
B. False
Shareholders' equity is not always placed after liabilities on the statement of financial position under IFRS.
IAS1 does NOT prescribe the precise format of the statement of financial position. Instead, several formats are acceptable if they fulfill all requirements outlined above.
--------------------------------------the correct answer is A
A) True is correct answer..........................
false
the current liabilities only placed after equity then long term liabilities
then we get total long term liabilities added to total equity and must equal to total investment