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CHANGE IN EQUITY

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › CHANGE IN EQUITY

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by AvatarJohn Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 7, 2019 at 11:13 am #515187
    Avatarcindy7
    Member
    • Topics: 77
    • Replies: 33
    • ☆☆

    WHICH OF THE FOLLOWING SHOULD APPEAR AS ITEMS IN THE COMPANY CHANGE OF EQUITY
    1. PROFIT FOR THE FINANCIAL YEAR
    2. INCOME FROM INVESTMENT
    3. GAIN ON REVALUATION OF NON CURRENT ASSET,
    4. DIVIDENDS PAID

    INCOME ON INVESTMENT CANNOT BE INCLUDED BECAUSE IT IS AN INCOME AND NOT A PROFIT OR A GAIN. UNLESS IT SAID PROFIT FROM INVESTMENT. THEN IT WILL BE INCLUDED UNDER CAPITAL RESERVES RIGHT?

    May 7, 2019 at 3:06 pm #515237
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    Please do not type in capital letters!

    What you have written is correct (but surely you have the answer to this in the same book in which you found the question!!!).

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  • The topic ‘CHANGE IN EQUITY’ is closed to new replies.

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