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Hi, I have been doing the chapter on presentation of published financial statements in the BPP exam kit and when it comes it the statement of equity, there is a line for total comprehensive income for retained earnings and I have no idea how the figure is calculated. Please help me.
Thanks.
It’s from the detailed statement of profit or loss and its extension, the statement of comprehensive income
Within that statement of comprehensive income you’ll find movements in the year on revalued property and similar (in F7 you’re not likely the get more than that!)
Does that answer you?
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