Explain how unrealized profit on inventory resulted from transactions between parent company, its subsidiary and associa

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answerhappygod
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Explain how unrealized profit on inventory resulted from transactions between parent company, its subsidiary and associa

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Explain how unrealized profit on inventory resulted from
transactions between parent company, its subsidiary and associate
companies is treated in consolidated financial statements. Is the
treatment different in case of subsidiary compared to the case of
associate?
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