Chapter 14 - Consolidating & Reporting Info

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Has anyone done Q's 14.5 & 14.6 in the workbook? I'm so confused about stock transfers, do I make adjustments for transfers on/off of the sales/purchases figures for the consolidated Prof & Loss A/C or just adjust the closing stock figure? Would appreciate if anyone could help..............

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Chapter 14 - Consolidating & Reporting Info

    Adjust the closing figure. 14.5 cl figure would be 95while 14.6 cl figure will be 135 when added together

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