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Doubt in consolidated financial statements

2204 views 18 replies

EXAMPLE:

 

A ( HOLDING)(80%) of B ( subsy)

if B Sells Goods To A At a profit of 10000...

thaN 100% OF UNREALISED PROFIT  will be eliminated...

but 10000 would be in proportion of 80 and 20 % for sure....

 

 

@ ashish

you have come up with a totally new ans. which is surely incorrect

 

 

thanks "devil" ...{.uh sorry but no name specfied}

.

.

MORE REPLIES ANYONE................ OR WHO AGREES OR DISAGREES WITH "DEVIL"

Yeah why we should reduce 100 percentage from majority in consolidated reserves in downstream. But in upstream it share to minority too

Hi , 

There seems to be an differnce in opinion in both the practice manual and study material . 

The treatment suggested by you is correct if we consider the study material . 

Please check the attachments for details !!!

Thank you

 


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