Comfort Pty Ltd is a wholesaler of home furniture. The recent bushfire destroyed one of its warehouse located in Cooma, NSW. The inventory loss amounts to $180,000. Required: Discuss and justify how Comfort Pty Ltd should account for the inventory loss of $180,000 as an 'expense', in accordance with the definition and recognition criteria provided in the AASB Conceptual Framework. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). T. Words:0 Path:p 4:01 PM 9/13/2020 PC BE op