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Which of the following is not an example of an intra-group balance?

Which of the following is not an example of an intra-group balance? a. A loan made by a parent company to a subsidiary b. A loan made by one subsidiary to another c. A trade receivable owing to a subsidiary by an individual who is one of its customers d. A trade payable owing to a subsidiary by its parent company

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Date Posted: 2013/08/31
Mudassar Haffiz
by Mudassar Haffiz , Audit Senior , RSM Avais Hyder Liaquat Nauman Chartered Accountants

c. A trade receivable owing to a subsidiary by an individual who is one of its customers

Yasir Ammar Mehmood
by Yasir Ammar Mehmood , Senior Accountant , Al-Mustufa Medical Centre

Answer is 'C'

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

C

Jijumon James
by Jijumon James , SENIOR ACCOUNTANT , BADR AL SAMAA HOSPITAL

c

Prince Ninan
by Prince Ninan , Audit Executive , Lewis & Pecker

c

Mohammed Al-monifi
by Mohammed Al-monifi , Official sales , Al-kudos for Travel and Tourism

c

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