Consolidated Reports extra question
s_deards
Registered Posts: 12 New contributor 🐸
Hello
Please can someone help me with a question for unit 31.
If Company A transfers £1000 to company B and the costs of goods transferred to company B are also £1000 what adjustments do I need to make to the 'Sales to external customers and 'Goods purchased from external suppliers'??
Do I assume the 'costs of goods transferred' is already included in the figure of 'goods purchased from external supplier' or do I add it on assuming its not included already.
Likewise do I assume that the transfers of £1000 to company B is included in the 'Company A sales to external customers' or as it is stated seperately assume its not included. The question does no tell me if its included or not.
Would really appreciate someones help with this.
Many thanks
Suzie
Please can someone help me with a question for unit 31.
If Company A transfers £1000 to company B and the costs of goods transferred to company B are also £1000 what adjustments do I need to make to the 'Sales to external customers and 'Goods purchased from external suppliers'??
Do I assume the 'costs of goods transferred' is already included in the figure of 'goods purchased from external supplier' or do I add it on assuming its not included already.
Likewise do I assume that the transfers of £1000 to company B is included in the 'Company A sales to external customers' or as it is stated seperately assume its not included. The question does no tell me if its included or not.
Would really appreciate someones help with this.
Many thanks
Suzie
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