Interest in consolidatd st of profit or loss

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May 13, 2015 at 5:47 am #245614
Green Activist
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If there is a loan outstanding between group companies, wht will be the double entry in consolidatd statmnt of profit or loss?
May 13, 2015 at 8:07 am #245650
MikeLittle
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You really haven’t watched the lectures have you! May I ask that you watch the first lecture covering consolidated statement of profit or loss and then, if you don’t see in that lecture what is the appropriate treatment of intragroup interest, then post again
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