Answered You can hire a professional tutor to get the answer.
what is the Elimination required relating to M Ltd (including entries for each company and consolidated) for the year ended 30 June 2018, and explain...
what is the Elimination required relating to M Ltd (including entries for each company and consolidated) for the year ended 30 June 2018, and explain for the following point: N Ltd purchased 5 000 debentures at their list price of $40 per debenture from M Ltd on 1 July 2014. Interest at 8% per annum had been paid on 30 June 2018.
Note N is the parent company and M is the subsidiary