Having a hard time understanding downstream and upstream elimination, can someone help explain what is the difference when there is left over inventory?😓😭🤓
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Thanks for sharing this topic, intercompany elimination can get pretty tricky! The difference between downstream and upstream elimination, especially when leftover inventory is involved, really depends on who holds the unsold stock and how profits are recognized. Also, for anyone multitasking while studying this, I recommend using a YouTube Videos Downloader to save helpful tutorials offline. Makes learning so much easier!