1. Focus your attention on the Statement of Profit

| October 14, 2019

1. Focus your attention on the Statement of Profit and Loss and Other Comprehensive Income. Compare the Profit or Loss of the Year with the Total Comprehensive Income in FY 2017-18 and the Profit or Loss of the Year with the Total Comprehensive Income FY 2016-17. Discuss the nature of the difference (if any) between the two figures in the two financial years and identify whether the difference is related to extraordinary or non-recurring events.

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