The balance sheet of Seafield Ltd at 31 December 20X4 shows the following balances: The relevant price

Question:

The balance sheet of Seafield Ltd at 31 December 20X4 shows the following balances:

The relevant price indices for trade debtors and trade creditors are:


Required:

Using the above information, calculate the monetary working capital adjustment at 31 December 20X4 for Seafield Ltd.

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