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