pups and sups

This topic has 1 reply, 2 voices, and was last updated 9 years ago by tonginenge.

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February 9, 2017 at 4:26 am #371694
joashbill
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goodday, i remember from the previous videos the lecturer said something about sups. i understand for pups we remove it from the books during consolidation unless it has been realized by selling externally already. can someone explain what sups is. not pups but sups. thanks
February 19, 2017 at 1:32 pm #373149
tonginenge
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nothing like sups but mike would joke when a student says (pups) stands for something unrealized profit and he says, if thats the case it should be called SUPS
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