In an interlocking accounting system, the profit shown in the financial accounts was 79252 but the cost

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In an interlocking accounting system, the profit shown in the financial accounts was £79252 but the cost accounts showed £74 294 profit.

The following stock valuations were the only differences between the two sets of accounts: image text in transcribed

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Cost And Management Accounting An Introduction

ISBN: 9781861529053

5th Edition

Authors: Colin Drury

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Question Posted: Jun 28, 2024 01:11 AM

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In an interlocking accounting system, the profit shown in the financial accounts was 79252 but the cost

Question:

Stock valuations: Cost accounts Financial accounts Opening stock Closing stock 10 116 24 053 What was the value of X? A 18 196 D 28 112 B 23 154 C 24 952 9217 X

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Cost And Management Accounting An Introduction

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