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Intra-group transaction

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Intra-group transaction

  • This topic has 1 reply, 1 voice, and was last updated 8 years ago by samantha1998.
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  • June 3, 2017 at 11:11 pm #390031
    samantha1998
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    Hi Sir,

    I am wondering whether the revenue and COS will always be eliminated when there is a transaction between Parent company and Subsidiary, no matter the inventory is sold to sub by parent, or it is sold by sub to parent company.

    Many thanks

    June 4, 2017 at 1:51 am #390046
    samantha1998
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    Sorry, I GOT IT

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