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Intercompany Why is it important that intercompany transactions are eliminated prior to issuing financial reports?

Intercompany

Why is it important that intercompany transactions are eliminated prior to issuing financial reports?
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Accounting-8369551.doc

Why is it important that intercompany transactions are eliminated prior to issuing financial reports?
Answer:
If the intercompany transactions are not eliminated, it grosses up the financial...

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