In accounting, account 761 “Income from investments” is us! to track income generat! by a company’s financial investments in other companies, such as dividends or other income relat! to these investments. This account, essential for companies with an investment strategy, belongs to class 7 of the General Accounting Plan.
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What is account 761?
Account 761 “Income from participations” is a product account of class 7 of the General Accounting Plan (PCG). It is us! to record income from a company’s financial participations, i.e. investments it makes in the capital of other singapore number companies. This income may include:
Financial income link! to these investments.
This account is particularly relevant for companies with a diversifi! what is firebase? investment strategy and seeking to optimize their financial returns.
Account 761 can be subdivid! into several sub-accounts for more precise management:
Dividends receiv! on shares or social shares;
Account 7611 – Dividends receiv! from equity securities : This sub-account records dividends receiv! from equity securities held by the company;
Account 7615 – Income from other forms of participation : Us! to record profits from joint ventures or other specific forms of participation;
Account 7617 – Income from receivables relat! to participations : This sub-account groups together the income generat! by receivables associat! with participations, such as interest receiv!.