can i know when will URP of associates be included in cost of sales?
is it when parent sells to associates or when associate sells to parent?
Ask the Tutor ACCA FR
cosolidation associates
Neither! Take the full amount of the pup, deduct from associate's "today's" retained earnings in working W3, take our share of the post-acquisition associate retained profits to the parent's column in working W3 and that same figure to working W5A Investment in Associate
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