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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Consolidated Income Stmnt–Q13 Panther Group (In BPP Question bank)
Working number 2 Non-Controlling Interest. Why is interest interest income being treated as an expense?
From what have you concluded that interest income is treated as an expense?
My BPP book eliminates $20,000 from finance costs AND from finance income, for the half of the year of intra-group loan. So we eliminate interest AND income.
What an amazing interpretation of the question Panther! Interest income treated as an expense?? Where has that come from?