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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › q30, december 2016 cbe exam
For question 30, the gain on investment should be recorded in the statement of profit or loss since the shares are held for trading. however, the dividend received is an income. why is it not recorded in the statement of other comprehensive income?
Because it’s an income! In fact, both figures should be accounted for through the statement of profit or loss
OK?
