To find the value of closing inventory at the end of a period we (A) Do this

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To find the value of closing inventory at the end of a period we

(A) Do this by physically counting the inventory (i.e. stocktaking)
(B) Look in the inventory account (C) Deduct opening inventory from cost of goods sold (D) Deduct cost of goods sold from sales

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 27, 2024 04:01 AM

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To find the value of closing inventory at the end of a period we (A) Do this

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Frank Woods Business Accounting Volume 1

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