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If the subsidiary sells goods to the parent and makes a profit of say 300 when NCI is on proportional basis how is the URP treated ? Do I allocate the percentage of profit to reduced to both NCI and subsidiary Retained Earnings or do I reduce the total URP from Subsidiary retained earnings only?
Whether or not the nci is proportional, the whole pup is deducted from the Subsidiary’s Retained Earnings within working 3 to arrive at S Post acq retained.
That figure is the allocated to the parent (W3) and to the nci (W4A)
Clear?
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