Hi,
Can anyone please help me with the list of transactions during Intercompany Accounting? Also, the journal entries to be passed for each of the intercompany transactions?
Please explain by taking any example. Thanks in advance.
Regards,
Prem
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Intercompany accounting
Replies (1)
Following transactions can be shown as Inter-Company transactions :-
1) Sale / purchase of goods
2) Loan / advance given to Co.
3) Expenses incurred on behalf of Co.
Regards,
Devendra K
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