Inter-Company. Trading Debt means all amounts owed, outstanding or accrued in the ordinary course of trading, including any VAT or sales tax arising on such amounts, as between (i) the Business and an...
Loans and leases Dividends and royalties Management fees What is the difference between intercompany and intra company transactions? Intercompany transactions occur between a company and its own subsidiaries, which are their own legal entities. Intracompany transactions, on the other hand, involve subsidia...
Roxas informed Beijing that there were security concerns about a foreign company’s access to power grids. A Malacañang adviser from the Aquino administration emphasized these issues: “there were hypothetical concerns and worries over China’s access to power in the Philippines that could ...
The Company takes over the business with fixed assets and loans on the following terms: (i) The fixed assets should be depreciated at 10%. (ii) The value of goodwill is estimated at Rs.80,000. The Company realised Rs.80,000 from sundry debtors as the ag...
A company that borrows money from a bank, lends it to consumers to buy homes, then sells the loans to investors. Mortgage Deed Legal document establishing a loan on property. Mortgage Origination Fee A charge for work involved in preparing and servicing a mortgage application (usually one percen...
The Company and all of its subsidiaries use uniform accounting policies consistent with the Group's policies. Unrealised gains on transactions between the Group and its equity accounted investees are eliminated to the extent of the Group's interest in the investees; unrealised losses are also ...
The Company and all of its subsidiaries use uniform accounting policies consistent with the Group's policies. Unrealised gains on transactions between the Group and its equity accounted investees are eliminated to the extent of the Group's interest in the investees; unrealised losses are also ...