- This topic has 0 replies, 1 voice, and was last updated 6 years ago by
.
Viewing 1 post (of 1 total)
-
Posts
-
I encountered this with Laurel Co Dec 2016. I just can not comprehend why does the 200 difference in fair value in inventory was added to COS but deducted in the post-acqn amount to get the NCI share in the profit? It was disclosed that inventory was sold before year-end.
If it was not sold what will happen? What are the accounting treatment?
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.