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In the question named Prodigal Co, debit cost of sales (and retained earnings) 850
credit plant 800 credit non-controlling interest 50 I don’t understand whyThis is in relation to the PUP adjustment on the intra-group transfer of the PPE. It is far too complicated to fully understand but the 850 is the adjustment that is removing the profit on sale of the asset (800) and the change in the depreciation charged of 50.
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