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Explain the accounting treatment for the intra-group transactions below: On 25 April 20x5, Starry Berhad sent an invoice to Moon Berhad for RM150,000 representing the
Explain the accounting treatment for the intra-group transactions below:
On 25 April 20x5, Starry Berhad sent an invoice to Moon Berhad for RM150,000 representing the agreed annual service charge. The charge has been included in Starry Berhads revenue and Moon Berhads administrative expenses.
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