- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Parent has interest in a Subsidiary (75%) and Associate (25%).
Subsidiary uses 40% markup to the cost of inventory. Subsidiary sold inventory to Associate -$200 (sale price). Associate still had 10% of inventory at the end of reporting period.
is it intragroup transaction and how you treat it?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.