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Doubt in consolidated financial statements

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DEVIL-Liv every moment of life

DEVIL-Liv every moment of life (ca final) (1735 Points)
Replied 10 February 2013

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....

 

 

1 Like



(Guest)

@ ashish

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

 

 

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

.

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

1 Like

Eswar Korada

Eswar Korada (2 Points)
Replied 06 February 2019

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

Sangam Naik

Sangam Naik (2 Points)
Replied 25 February 2019

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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