2013 DEC Q1 note ii — OpenTuition Forums

SShanna10y ago

Hi sir, In note ii intra-group purchase is 13m(4+9), but trade receivable and trade payable have not been decreased by 13m, I am confused about it.

MikeLittleTutor10y ago#1

If I buy $200 worth of goods from you in September, then pay you $200 in October, what's the intra-group balance at the year end included in your Receivables and my Payables?

SShanna10y ago#2

Thanks, I got it.

MikeLittleTutor10y ago#3

That's good! :-)