eliminating intragroup transactions. At 1 January 2017, Full Ltd (parent company) sold an item of...
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eliminating intragroup transactions. At 1 January 2017, Full Ltd (parent company) sold an item of plant to Partial Ltd (subsidiary), making a profit on the sale of $10000. At the date of sale, the plant had accumulated depreciation of $25000 and a remaining life of 4 years. prepare the elimination journals as at 30 june 2017
At 1 January 2017, Full Ltd (parent company) sold an item of plant to Partial Ltd (subsidiary), making a profit on the sale of $10000. At the date of sale, the plant had accumulated depreciation of $25000 and a remaining life of 4 years. prepare the elimination journals as at 30 june 2017
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