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Intra Group Loans

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Intra Group Loans

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  • November 27, 2015 at 11:02 pm #285822
    Radhik
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hi,
    Could you please explain the step by step treatment of intra group loans in SOCI & SOFP for both the situations i.e.
    -Parent provides loan to subsidiary, &
    -Subsidiary provides loan to parent

    Please do show using journal entries. Thank you 🙂

    November 28, 2015 at 1:39 am #285829
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23200
    • ☆☆☆☆☆

    Radhik, there are enough examples of me working through this, step by step, in the revision lectures where I work through 6 years’ worth of questions 1, 2 and 3 from past exams

    Watch some of those and then, if you still have a problem, post again

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