When preparing the financial statements for the year a company has included the following in the Statement
Question:
When preparing the financial statements for the year a company has included the following in the Statement of changes in equity. Identify the incorrect one.
(a) Ordinary dividend paid
(b) Preference dividend paid
(c) Correction of prior period error
(d) Backlog adjustment arising from a change of policy
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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