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Because it's just a transaction between ownership,which means parent company and the NCI.So from the perspective of group account, it's doesn't produce any REAL profit or loss, so we just take this gain(or loss) into OCE to show it. (please ignore any grammar mistakes, because i'm Chinese,not native English speaker, hope i can help you. : )
very useful, thank you
What about from investment in ES to Inv in Associate?
Thank you very helpful
very useful thank you
Why is OCE debited? Why is it reduced? Please explain the logic!
Sorry, we do not provide support on youtube, as that defeats the whole point of having forums.
Please post your questions to our tutors on the Ask the Tutor forums on
opentuition.com
Thank you
OpenTuition team
Because it's just a transaction between ownership,which means parent company and the NCI.So from the perspective of group account, it's doesn't produce any REAL profit or loss, so we just take this gain(or loss) into OCE to show it. (please ignore any grammar mistakes, because i'm Chinese,not native English speaker, hope i can help you. : )