incomeForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › incomeThis topic has 1 reply, 2 voices, and was last updated 2 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 24, 2023 at 12:35 pm #677294 xyzcParticipantTopics: 413Replies: 175☆☆☆☆If a question says that a company has recorded its share of the dividend received from its associate in investment income and cash, then will this amount be deducted from cash, investment in associate and retained earnings when consolidating January 26, 2023 at 8:48 pm #677429 P2-D2KeymasterTopics: 4Replies: 7119☆☆☆☆☆You do not consolidate the associate. It is equity accounted for.You only need to remove the investment income.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In