Help on where to put stuff on new S of CI
pirate
Registered Posts: 469 Dedicated contributor 🦉
Hi there,
still trying to get my head around the new formats
my book (even though printed this year) just use an income statement
so end up putting all income in the income statement before profit for the year
So I have the following
Income from non current asset investments like
Interest from a bond etc
and Dividend received
In my book its shows it like thos
...
Profit from operations X
Income from non current assets X
finances costs X
Profit before tax X
Tax X
Proft for the period
etc
my question is does this income from non current assets now go
in other comprehensive income for the period along with Gains on Property revaluation
Is there any other examples of what should go in the section on other income for the period
many thanks
still trying to get my head around the new formats
my book (even though printed this year) just use an income statement
so end up putting all income in the income statement before profit for the year
So I have the following
Income from non current asset investments like
Interest from a bond etc
and Dividend received
In my book its shows it like thos
...
Profit from operations X
Income from non current assets X
finances costs X
Profit before tax X
Tax X
Proft for the period
etc
my question is does this income from non current assets now go
in other comprehensive income for the period along with Gains on Property revaluation
Is there any other examples of what should go in the section on other income for the period
many thanks
0
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