About this document

Intercompany Sales Gain Elimination Guide by Rifdah Saphira is a document available to read on EtoBox.

1) The document discusses the accounting and financial reporting for intercompany sales of plant, property, and equipment between affiliates in a consolidated group. 2) Gains or losses on intercompany sales are eliminated and the assets are recorded at their original cost to the consolidated group. Gains are realized over time through depreciation rather than at the time of the intercompany sale. 3) The objectives are to report gains only from sales to outside parties, present assets at cost to the group,

Author

Rifdah Saphira

Language

EN