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Conso S of P&L & CI – Inventory adjustment

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

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February 23, 2014 at 9:29 am #159832
Accountaholic
Member
- Topics: 98
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Sir,
Can you please explain the concept and working of adjustment if any goods unsold intra-group are in closing inventory, adjustment of unrealised profit and effect of Cost of goods sold? If possible can you show with an example?
Thank you for your help.
February 23, 2014 at 5:54 pm #159882
MikeLittle
Keymaster
- Topics: 27
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Hi, I’m sorry to say this, but the whole of your question is explained as clearly as I can do within the recorded lectures.
Please, look at the lectures and try to follow them and the logic of accounting for pups. If you still have a problem, ok, post again
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