Dear sir,
I'm not sure why adjusting for intra-group non-current asset sale does not involve debitting of group revenue like the adjustment for intra-group inventory sale would need. Can you please explain why?
thanks
Lm
Ask the Tutor ACCA FR
adjustment for intra-group non-current asset sale
10y ago#1Because sales of assets not in the course of trading are accounted for separately by calculating and disclosing a profit or loss on disposal
Sign into reply to this topic.