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6. A company has 2 lines of goods in its inventory at 31 March 2013. Details are as follows: Cost (A)500 Net realizable value (A)460

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6. A company has 2 lines of goods in its inventory at 31 March 2013. Details are as follows: Cost (A)500 Net realizable value (A)460 Cost (B)800 Net realizable value (B) 960 What figure should appear as closing inventory in the financial statements drawn up to 31 March 2013? * (8 Points) 1,420 1,300 1,260 1,460

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