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Can you please answers all of the questions for BE 5.1 ulluerstated. What effect will this error have on (a) 2019 profit, (b) 2020 profit,
Can you please answers all of the questions for BE 5.1 ulluerstated. What effect will this error have on (a) 2019 profit, (b) 2020 profit, and (c) the combined profit for the 2 years? BRIEF EXERCISES BE5.1 Identify inventory systems and inventory cost flow methods.01,5 Suggest the most appropriate inventory system and inventory cost flow method for each of the following businesses and products a. Textbook sales in the co-op bookshop. b. Petrol sales in the local petrol station. c. Antique mirrsales in an antiquefurnitureshop, d. Bottled juice in a fruit bar. e. Necklace sales in a jewellery shop. LO2 BE5.2 Calculate cost of sales and gross profit. Assume that Jess Ltd uses a periodic inventory system and has the following account balances: Beginning inventory $45 000, Ending inventory $67 500, Sales
Can you please answers all of the questions for BE 5.1
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