Unrealised gains and losses on intragroup sales of non-depreciable assets can only be realised by sales outside the group.

Name: Unrealised gains and losses on intragroup sales of non-depreciable assets can only be realised by sales outside the group.
Brand: Quizplus
Rating: 5.0 (41 reviews)

Question

Quizplus · Accepted Answer

Unrealised gains and losses on intragroup sales of non-depreciable assets are eliminated in consolidation and can only be realised when the asset is sold to an external party outside the group.

Unrealised Gains and Losses on Intragroup Sales of Non-Depreciable Assets