The Holding ratio is 8:7. The annual sales of Holding company include Rs. 1,00,000 sold to Subsidiary company of which 75% remained unsold as on the last date of accounting year. The Holding company sales goods at 20% on sales. How much amount of unrealized profit to be adjusted in the Consolidated Balance sheet ?
Rs. 8,000
Rs. 7,000
Rs. 20,000
Rs. 15,000
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Answered by
1
Answer:
Rs 8,000 ok bye
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0
Answer:
20,000 is the holding ratio
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