Cash In Transit

This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 8, 2016 at 12:36 pm #348042
Muslim Farooque
Member
- Topics: 190
- Replies: 134
Sir basically what is the treatment of cash in transit and inventory transit for consolidation and individual accounts?
November 8, 2016 at 4:13 pm #348088
MikeLittle
Keymaster
- Topics: 27
- Replies: 23376
There’s no need to concern yourself with the individual entity financial records – there’s no adjustment to make

For the consolidation … it’s all explained and illustrated in the free course notes – pages 46 to 49 inclusive
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.