Cost Of investement In Associates

This topic has 1 reply, 2 voices, and was last updated 3 years ago by P2-D2.

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January 5, 2023 at 5:25 am #675380
hamza5168180
Participant
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y Only P to A pup are deducted from COI and not a to p PUP from COI in Associates
January 5, 2023 at 4:52 pm #675400
P2-D2
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Hi,

Have you looked at the videos and class notes for this? I believe that it clear it up there but please come back if it doesn’t. The key in the adjustment is all about the direction of travel of the PURP and where the inventory is held at the reporting date.

Thanks
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