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Hi , i'm currently in the investments chapter of my accounting book For financial assets at fair value through other comprehensive income - Equity (FVTOCI-equity)
Hi , i'm currently in the investments chapter of my accounting book
For financial assets at fair value through other comprehensive income - Equity (FVTOCI-equity)
i know when the company pays dividends you have to do an entry like this
cash 5000
dividend revenue 5000
but my question is when the company pays net income
do you also have to do an entry? why or why not?
thanks!
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