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sir if a subsidiary receives employee service for say three years or receives goods, all of which are paid for by the parent company then the subsidiary will recognise the good/service for sure (as per my understanding) but does it recognise in its financial statements the related costs also?
or because the goods/services are funded by the parent the subsidiary does not recognise the costs of related goods/services?
If the employee is working for the subsidiary then the subsidiary would recognise an employment cost.
Chapter 10 of the document below has all the detail but try not to get too technical in the exam…………or you’ll confuse the examiner!