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ledger group for holding co in the books of subsi co.

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(Querist)
18 January 2011 Dear experts,

We have formed a 100% subsidiary co. in dubai.

while making entries in subsidiary company under what group i keep the ledger of holding company?

waiting for reply,

Thanks in advacne,
Regards,
Sushil.
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C.A.Javid Patel

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C.A.Javid Patel (Expert)
25 January 2011 The group is depended on the nature of transaction. for example if you have purchase the goods then open in the group sundry creditor.

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