Hi, I have a question regarding real-world businessaccounting. My company has a
ID: 2434152 • Letter: H
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Hi, I have a question regarding real-world businessaccounting. My company has a subsidiary that produces Tin concentrates.The subsidiary is owned by my firm (K) 44.25% and another firmcalled M 55.75%. Since acquiring the subsidiary in late 2007, onlycompany K invested money into the production of the subsidiary, andnow we are trying to collect the invested amount from companyM. What are the procedures to do this? Please note that there aresome amounts that are paid on behalf of the subsidiary for companyK. Hi, I have a question regarding real-world businessaccounting. My company has a subsidiary that produces Tin concentrates.The subsidiary is owned by my firm (K) 44.25% and another firmcalled M 55.75%. Since acquiring the subsidiary in late 2007, onlycompany K invested money into the production of the subsidiary, andnow we are trying to collect the invested amount from companyM. What are the procedures to do this? Please note that there aresome amounts that are paid on behalf of the subsidiary for companyK.Explanation / Answer
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