Harrison Ford has opening stock of 30,000 and makes purchases during the year of 340,000. He removes
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Harrison Ford has opening stock of €30,000 and makes purchases during the year of €340,000. He removes goods costing €1,500 for his own use, and the business achieves a constant mark-up of 20 percent on cost. Sales for the period are
€360,000.
What is Harrison’s closing stock?
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Related Book For
Financial Accounting A Practical Introduction
ISBN: 9780273714293
1st Edition
Authors: Ilias Basioudis
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