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company

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › company

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by AvatarTax Tutor.
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  • September 18, 2016 at 2:44 pm #340850
    AvatarJean96
    Member
    • Topics: 77
    • Replies: 67
    • ☆☆

    what do we do if there is dividend receivable?

    September 18, 2016 at 4:41 pm #340852
    AvatarJean96
    Member
    • Topics: 77
    • Replies: 67
    • ☆☆

    how do we adjust to trading profit

    September 26, 2016 at 11:51 am #341739
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    Dividend income is obviously not trading income so if dividends have been credited to the statement of profit or loss and therefore included in the profit to be adjusted they must be deducted in the adjustment of profit statement.
    Only dividends RECEIVED would be included in your calculation of FII

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