Component Y. 25 units are currently held. This component is not normally used by Rob Otics but

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● Component Y. 25 units are currently held. This component is not normally used by Rob Otics but the units currently held are because of a cancelled order following the bankruptcy of a customer. The units originally cost the business £4,000 in total, although Rob Otics has recouped £1,500 from the liquidator. As Rob Otics can see no use for it, the finance director proposes to scrap the 25 units (zero proceeds).

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Accounting An Introduction

ISBN: 9780273711360

4th Edition

Authors: Harvey, Jenner Atrill, McLaney

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