Hi All
Could any one please give me some examples of intercompany transactions, suppose if parent compnay is paying for all the capital expenditure, what will be the entries in parent company book and subsidiary company book, and how to reconcile these accounts at the end of month.
Much appreciated if simple examples are given.
Thanks a lot
Imran
Could any one please give me some examples of intercompany transactions, suppose if parent compnay is paying for all the capital expenditure, what will be the entries in parent company book and subsidiary company book, and how to reconcile these accounts at the end of month.
Much appreciated if simple examples are given.
Thanks a lot
Imran