What are intercompany transactions? What are some types of intercompany transactions? Give reasons for/against intercompany transactions. Justify your answers.© BrainMass Inc. brainmass.com June 4, 2020, 12:16 am ad1c9bdddf
The response addresses the queries posted in 309 words with references.
//In this paper, we will deal about intercompany transactions and their types. In this we will also justify intercompany transactions are useful or not useful for the companies.//
Intercompany transactions are those transactions which occur between the two companies who share same financial statements or consolidated tax return. In other words, it is that transaction which is carried out between the two units of the same corporation or between parent and subsidiary company (Hightower, ...
Intercompany transactions are examined. The types of intercompany transactions are determined. The response addresses the queries posted in 309 words with references.