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Sir please help me with this too.
When subsidiary is seller and parent is buyer so why we decrease unrealised profit of Non-Controlling interest (in W4). It should be given to it as subsidiary has earned.
Do we just subtract to show consolidated financial statement, however, in real Non-Controlling interest would have earned?
The subsidiary will her taken credit for the profit in their own accounts. However if the goods have not be sold outside but are still with the parent company who bought them, then it is the subsidies profit that is reduced (which then affects the NCI) in the consolidated accounts.