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Hello Tutor
If asked to prepare a forecast statement of profit & loss, is dividend included?
I was taught not to include dividend as it isn’t an expense but the memo does, so I just want to clarifyKind Regards
Dividends do not appear in the Statement of profit or loss. (Although F9 is not particularly concerned about IAS layouts.)
I do not know what memo you are writing about!
Ok I thought as much. Thanks a lot sir
I’m doing questions from the BPP revision kit and their memo includes it
Thanks again
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