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Consolidated financial statement

Accountancy

In this below question, i cant understand point c. Can u please explain

Gomathi K

CA Final

★ 40K+

22-Aug-20 19:23

315

Answers (1)

That TRADE RECEIVABLES of 891000=99% I.e.,after deducting 1% as provision for doubtful debts. So the 100% balance will be 900000. Consider this value as to follow uniform accounting principles in light of A Ltd.

Nithish Kumar

CA Final

★ 6K+

22-Aug-20 21:21

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