Professional Documents
Culture Documents
Intercompany Profit
Transactions –
Inventories
to accompany
Advanced Accounting, 11th edition
by Beams, Anthony, Bettinghaus, and Smith
1: INTERCOMPANY
INVENTORY PROFITS
2: UPSTREAM &
DOWNSTREAM INVENTORY
SALES
Downstream Sales
Parent
Upstream Sales
3: UNREALIZED PROFITS IN
ENDING INVENTORIES
4: RECOGNIZING PROFITS
FROM BEGINNING
INVENTORIES
Unrealized profits in
ending inventory one year
Become
5: IMPACT ON
NONCONTROLLING
INTEREST
$84
Copyright ©2012 Pearson Education, In 5-29
c. Publishing as Prentice Hall
Perry's 2011 Equity Entries
$90
Copyright ©2012 Pearson Education, In 5-34
c. Publishing as Prentice Hall
Perry's 2012 Equity Entries
!
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