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How to adjust the effects of inter-entity transactions

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Reference no: EM132750222

Question - A. Help me with these questions regarding consolidation: intragroup transactions

1. How to explain the need for making adjustments for intragroup transactions?

B. Help me with these questions regarding associates and joint ventures

1. How to adjust the effects of inter-entity transactions.

2. How to account for losses recorded by the associate or joint venture.

3. How to prepare the disclosures required in relation to associates and joint ventures.

Reference no: EM132750222

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