Explain how closing inventory is dealt with in financial statements.

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 23, 2023 12:44 PM

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Explain how closing inventory is dealt with in financial statements.

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Closing inventory also known as ending inventory or closing stock represents the value of unsold goods or products that a company has on hand at the e...View the full answer

Cambridge International AS And A Level Accounting

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