some examples of items that would be adjusted directly against equity, rather than being included as part of profit or loss.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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some examples of items that would be adjusted directly against equity, rather than being
included as part of profit or loss.

 

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The items included in other comprehensive incomes are not considered under profit or loss account and instead are directly adjusted in equity account. 

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