- This topic has 3 replies, 2 voices, and was last updated 11 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
What adjustments are needed to be done when Parent and when subsidiary give loan to each other. in both circumstances in which loan is given before or after the takeover.
Before or after makes no difference.
At balance sheet date there is a receivable in one company and a payable in the other.
Cancel!
how to cancel the principle and the interest amount?
for ex subsidiary had loan of 50m and this year has paid 9 m [ 4m interest and 5m capital repayment ].
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.