A business includes in its stock three major categories of goods A, and C At 31 December 1984, the following information is available What value would you place on the closing stock in order to show a 'true and fair view ' Stock Historic Replacement Net realizable item cost cost value ABC 2,000 2,1...

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A business includes in its stock three major categories of goods: A, and C. At 31 December

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A business includes in its stock three major categories of goods: A, and C. At 31 December 1984, the following information is available:

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What value would you place on the closing stock in order to show a 'true and fair view'?

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Accounting In Business

ISBN: 9780408014861

5th Edition

Authors: R. J. Bull

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Question Posted: Jun 04, 2024 02:09 AM

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A business includes in its stock three major categories of goods: A, and C. At 31 December

Question:

Stock Historic Replacement Net realizable item cost cost value ABC 2,000 2,100 1,750 3,220 3,050 3,300 2,400 2,800 2,500 7,620 7,950 7,550

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Accounting In Business

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