Tag Archives: Consolidation

What are the factors that cause change in exchanges rates of currency of a country? State and Explain any four of these factors.

Advanced Financial Accounting 1) The following intercompany transactions occurred during the year: (5 Marks) a) Parent loaned $  to Subsidiary. To keep things simple, assume that there is no interest revenue or interest expense associated with this loan. b) Parent made a sale to Subsidiary for $ cash. The inventory had originally cost Parent $ […]