=+1. Inventory An inventory-take was conducted at the year end. Inventory was valued at 82,000 based on
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=+1. Inventory An inventory-take was conducted at the year end. Inventory was valued at €82,000 based on cost. However, 15% of this inventory has a net realisable value of only €6,000.
A further €8,000 of the total inventory is considered obsolete and should be written off.
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Related Book For
International Financial Accounting And Reporting
ISBN: 9780903854726
2nd Edition
Authors: Ciaran Connolly
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