Question: Distinguish between the sales value of the split-off method and the NRV method. Discuss the different between the sale value of the split-off method and

Distinguish between the sales value of the split-off method and the NRV method.

Discuss the different between the sale value of the split-off method and the NRV method of accounting for by-products, focsuing on what conditions are necessary to use each method.

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