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NCI ans PURP

This topic has 2 replies, 2 voices, and was last updated 4 years ago by John Moffat.

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July 13, 2020 at 4:04 am #576662
sundarigem
Member
- Topics: 14
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Sir,
Does PURP affect NCI in Consolidation of Statement of profot/loss?
Because in 36th question Task 1 of mock exam 1, the NCI is not affected by PURP
July 13, 2020 at 4:12 am #576663
sundarigem
Member
- Topics: 14
- Replies: 12
Sorry Sir,
Its the Parent who sold the goods. Thus no effect
🙂
July 13, 2020 at 9:57 am #576680
John Moffat
Keymaster
- Topics: 57
- Replies: 54480
That is correct 🙂
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