A company has a stock of goods consisting of four different groups of items. The cost and
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A company has a stock of goods consisting of four different groups of items. The cost and net realisable value of each group is shown in the table below.
Group of items Cost Net realisable value
£ £
A 1,000 1,400 B 1,000 800 C 2,100 1,900 D 3,000 3,100 Required Calculate the amount to be shown as the value of the company’s stock.
Chapter 9 Current assets 261 AppendixLO1
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Related Book For 
Financial And Management Accounting An Introduction
ISBN: 9780273718413
5th Edition
Authors: Pauline Weetman
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