Eliminate intercompany sale (consolidation)

Definition: Remove intercompany transactions and unrealized profit in consolidation

Part of: Business Combinations

Remove intercompany transactions and unrealized profit in consolidation

CategoryBusiness Combinations
DebitRevenue (intercompany)
CreditCOGS (intercompany); Inventory (unrealized profit)
RelatedASC 810; Intercompany Elimination

Related Subjects

See Also