WHAT IS THE TREATMENT OF DIVIDEND RECEIVED FROM STOCKS/ BONDS IN AN INVESTMENT COMPANY. CAN IT BE TREATED AS DIRECT INCOME?

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When preparing a group statement of comprehensive income, the correct treatment ...
Posted by:
Khawar Ali
02-September-2013

Accounting Auditing

Question ajoutée par Ashwin Madathil Thazhevettil , Financial Analyst , DAMAC Properties
Date de publication: 2015/03/11

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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN

par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

It is shown as income from investment in the Profit and Loss account

(to be shown separately from Interest on trade investments such as loans and advances)

Dividends and interest on investments in debentures and shares of other companies.

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