FINANCIAL ACCOUNTING. (INVESTMENT IN ASSOCIATE ACCOUNT )

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July 23, 2021 at 11:45 am #629206

anony1234
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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
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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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