- This topic has 1 reply, 2 voices, and was last updated 3 years ago by
John Moffat.
John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
peeteekays
- Topics: 2
- Replies: 0
- ☆
hi Mr Moffat l wrote my exam yesterday and i passed with 60% all thanks to you… i just have one question though when there is no inventory left does that mean i dont have unreleased profit..the goods were sold by the subsidiary to Parent i just got lost there cz normally there will be inventory left but in this case there was nothing please help me clear my mind i was so disappointed cz that was one of the topics i understood better….thank u once again wouldnt have passed without you
John Moffat
- Topics: 57
- Replies: 51230
- ☆☆☆☆☆
Congratulations on passing the exam 🙂
If there is no inventory then there is no unrealised profit. Unrealised profit only relates to the profit in inventory that still remains.
peeteekays
John MoffatViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.