Which statements are correct in relation to the financial statements of a limited company?
1- Ordinary dividend paid is shown in the income statement.
2- A transfer to the general reserve is shown in the statement of changes in equity.
3- Debentures issued are shown in the statement of changes in equity.
4- Proposed dividend is not shown in the income statement.
1 )
1 and 2
2 )
1 and 3
2 and 4
4 )
3 and 4
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