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pup in associate

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › pup in associate

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  • July 19, 2023 at 4:02 pm #688586
    AAA17
    Participant
    • Topics: 1
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    • ☆

    do we subtract pup from share of profit of associate or we subtract it from investment in associate only

    July 24, 2023 at 7:57 am #688782
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7177
    • ☆☆☆☆☆

    Hi,

    Have you looked at the class notes for the answer? It is covered in there and it all depends on the direction of the sale as to where the adjustment is made.

    Thanks

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