Ind As 110 | Mutual Set-off Explained | Elimination of Intra-Group Balance | CA Final FR Capsule

Why does ₹100 + ₹100 become ₹0 in Consolidation? This is one of the most important concepts in Consolidation – Mutual Set-off (Elimination of Intra-Group Balances). When the Holding Company has a receivable from the Subsidiary, the Subsidiary has an equal payable to the Holding Company. But in the Consolidated Balance Sheet, both companies are treated as one single entity. ✅ Receivable = Eliminated ✅ Payable = Eliminated ✅ Result: No intra-group balance remains. #CA #CMA #CAInter #CAFinal #CMAInter #CorporateAccounting #Consolidation #MutualSetOff #IntraGroupBalances #AccountingConcepts #AccountingMadeEasy #CommerceStudents #FinanceStudents #ExamPreparation #StudyReels #AccountingReels #SAGC