Unrealized profit

Advanced financial accounting - Lecture 15: Branch accounting. The main topics covered in this chapter include: unrealized profit; branch closing stock; independent branch; journal entries; transfer branch net profit to HO net profit; transfer branch assets to HO book (incorporation of assets);... Please refer to the lecture for details!

13p hanlamcoman 26-11-2022 7 2   Download

Chapter 6 - Elimination of unrealized profit on intercompany sales of inventory. In this chapter, we’ll look at the effects of intercompany sales of merchandise on the consolidated statements. As we learned earlier, many business combinations involve a company buying its supplier or customer – vertical integration.

48p shiwo_ding1 30-03-2019 26 1   Download