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CASE 1: Calculate net monetary gain or loss form the following information related to year 2001. 1.1.2001 31-12-2001 Cash 3000 6000 Debtors 2000 500 Creditors

CASE 1: Calculate net monetary gain or loss form the following information related to year 2001. 1.1.2001 31-12-2001 Cash 3000 6000 Debtors 2000 500 Creditors 500 200 General Price Index 100 180 Assuming average price index for the year is 150

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