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What do you understand by the term "Inter Company Eliminations" with reference to consolidation of accounts?

Accounting Financial Reporting Financial Accounting Financial Analysis Financial Management
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Date Posted: 2014/08/22
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Muhammed Faheem Hassan
by Muhammed Faheem Hassan , Senior Accountant , Awfaz Global School

Intercompany Elimination is a process of removing intercompany transactions within the group of companies when preparing consolidation accounts,

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