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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 28: Further Consolidation Issues I: Accounting for Intragroup Transactions
  5. Question
    If We Simply Aggregate the Sales of the Parent and Subsidiary
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If We Simply Aggregate the Sales of the Parent and Subsidiary

Question 52

Question 52

True/False

If we simply aggregate the sales of the parent and subsidiary companies,without adjustment,when there have been intragroup sales,total income would be overstated.

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