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One of the key principles of IFRS 18 is that income and expenses from the ...

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One

of the key principles of IFRS 18 is that income and expenses from the derecognition

of an asset or a liability are classified in the same category as income and expenses

from that asset or liability immediately before it’s derecognition. 

Required:

The

derecognition of trade payables as a result of entering into a supplier finance

arrangement, will be classified into which category?

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