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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Short AP- trading losses for companies
Sir even if the surrendering company has a short AP, say 9months, it can surrender its entire current period trading losses to the claimant company or only after apportioning 9months of trading profits of claimant company?
wait sir! i realised my mistake, only for coterminous periods trading losses and profits can be set off! right, sir?
