Intra loan

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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February 9, 2021 at 1:29 pm #609834
applessauce
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Sir I came across a questuin where there was an intra loan

I was wondering whether you remove this from the balance sheet?
February 9, 2021 at 2:46 pm #609850
John Moffat
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But I explain this in my free lectures on consolidations!!!

Yes – any inter-company balances are cancelled out in the consolidated SOFP.
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