2. Sample Papers
  3. 12th Class
  4. Accountancy

12th Class Accountancy Sample Paper Accountancy - Sample Paper-8

  • question_answer
    The accountant of DLF Finance Ltd, a company engaged in providing loans and investing into shares has shown dividend received on shares as an investing activity. Is the treatment correct?

    Answer:

    No, as the company is engaged in the business of providing loans and also investing in shares, any income arising from these activities should be shown under operating activity.


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