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What is the treatment of unrealised profit or losses in case of inte

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What is the treatment of unrealised profit or losses in case
of intercompany transfer of inventory?
Solution
Ans:Tracking intercompany transactions is perceived as
one of the most common problems with financial
consolidationIntercompany transactions are transactions
that happen between two entities of the same company.
Not adjusting intercompany transactions results in
consolidated financial statements that do not offer a true
and fair view of the group

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What is the treatment of unrealised profit or losses in case of intercompany transfer of inventory? Solution Ans:Tracking intercompany transactions is perceived as one of the most common problems with financial consolidationIntercompany transactions are transactions that happen between two entitie ...
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