Imagine that 500 of inventory was stolen during the year, so that the figure for closing inventory
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Imagine that £500 of inventory was stolen during the year, so that the figure for closing inventory is overstated in the statement of comprehensive income. What impact would it have if the true figure were substituted?
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Related Book For
Business Accounting An Introduction To Financial And Management Accounting
ISBN: 9780230276239
2nd Edition
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
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