Dividends or gains and losses on redemption of equity instruments are recognised:
A)as an asset.
B)as an expense in the profit or loss.
C)as income in the profit or loss.
D)directly in equity.

Question

Quizplus · Accepted Answer

Dividends or gains and losses on redemption of equity instruments are recognized directly in equity, as they relate to transactions with owners in their capacity as owners.

Dividends or Gains and Losses on Redemption of Equity Instruments