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FINANCIAL ACCOUNTING. (INVESTMENT IN ASSOCIATE ACCOUNT )

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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July 23, 2021 at 11:45 am #629206
anony1234
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- Topics: 1
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investment in associate account ( t-shape )
Balance b/d (2018) 120
Balance c/d (2019 170
Share of profit of associate company 40
According from above i need to know how to do the ledger. Normal there would be dividend received if we do in ledger but in this case if you see if i add 120+40 = 160 but 2019 is 170 so what about the remaining 10 . what is it
July 23, 2021 at 3:52 pm #629228
John Moffat
Keymaster
- Topics: 57
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This has nothing to do with Paper MA (and neither has it anything to do with Paper FM where you posted the same question).
Try asking in the Paper FR forum.
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