I have seen in Becker examples about sub company selling equipment to parent company..

It is covered in Intercompany Profit on sale of depreciable fixed assets - Pages F3-39 & 40.

It's a great example as in such case, we divide intercompany gain between retained earnings and minority interest because now Sub is the seller and Parent is the purchaser...

dvyagovil1, thanks for the heads up. I'm not using Becker so I wanted to know what Becker review does about it.

OMG divyagovil1, you're taking the exam on 4/09 and already know ALL the material - impresive!

not really !! i was supposed to give the exam in Feb, however, postponed it as i m not through with the last 3 chapters... plus, i have to re-visit all d topics once again...

have 2 re-do all MCQs, simulations....

let's see!! there are no exams in March, so only April is the best option as of now..

When are you giving the exam this month? Any ways, all the best !!

yes, wannabe... i still need to do Gov and NFP... first, i was planning to buy final review from Beckers, but datz costly as well as i guess most of it is already covered in normal review i m having now...

i m only wanting MCQs and simulations to practice upon... no more lectures and something which is less costly.

can u pls guide me in the right direction?

Thanks!