Hi experts! I need your help on this. I have this scenario that Subsidiary A needs to transfer cash to Subsidiary C. However, the Subsidiary Hierarchy looks like the one below. How am I going to record the Cash Transfer and what will be it's impact during Interco Elimination? Thank you. Say, Subsidiary A transfers 10K to Subsidiary C.

Advanced Interco Entry • Debit Sub C Cash account for 10k - Sub C • Credit Due To account for 10k - Sub C • Debit Due From account for 10k - Sub A • Credit Sub A Cash for 10k - Sub A Due To/Froms will eliminate to Interco Elim sub 1 I'm pretty sure

it will eliminate on the Intercompany elimination (1) right? Thank you!

it should, but I'd test it