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A company was formed with a capital of 20,000 dinars, and immediately bought 1,400 units at a price Ten dinars per unit, 10,000 of which

A company was formed with a capital of 20,000 dinars, and immediately bought 1,400 units at a price Ten dinars per unit, 10,000 of which were paid in cash, and the rest on the account. And it has been sold out 200,1 units during the year at a price of 15 dinars per unit, and there were expenses during the year 1,000 dinars. In light of the following information, it is required to prepare the financial statements According to the Replacement Cost and NPV Model: Replacement cost Net sales value index number For prices First Year 10 100 120 14 12 year through 150 16 15 year end Notes 1 This assignment is an individual duty, so each student performs the assigned assignment on their own 2 - Answers submitted are subject to similarity test. 3- Adherence to the deadline for delivery, and no response will be accepted after the end of the scheduled date 4- The student may discuss the answer provided by him, so the student has to rely on himself for the answer 5- Mention the references on which the student relied with his answers

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