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How should Olive Ltd report this transaction

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Question - Olive Ltd has an investment in Bee Ltd. At 31 December 20X3 the directors of Bee Ltd have informally announced their intention to pay a dividend. Olive Ltd may receive £20,000 in dividend income; however, this has not yet been confirmed. Required According to accounting standard, how should Olive Ltd report this transaction in its financial statements for the year ended 31 December 20X3?

Reference no: EM133057113

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