Consolidated balance, Please help

elenmarkova

Can anyone help with the following task, there is intercompany transfer but I am not sure do I need to adjust the consolidated sales

Please help

crispy

Hi,

All you would need to do is strip out the intercompany transaction of 65,000 of sales from Co. A to Co. B so that the consolidated column shows only the transactions with external customers/suppliers.

So you need to adjust both the sales and cost of sales by 65,000 - eliminating the transaction.

elenmarkova

will that be correct , please check the file

crispy

Attached

elenmarkova

thanks

thanks a lot for your help today crispy

I guess I forgot to attach my file ... it's almost the same as yours