In the course of its ptoduction, Gigi Ltd bought some raw materials to its supplier. The goods were billed and delivered the same day for a total units of 500, 50 each. As the accountant of the company you will : First recognise the main transaction which is a creating a recorded through side in front of a impacting the Next impact which need to be ( side ) in front of the account" in inventories" impacting the It's very usual to test the value of current or non-current assets with for example the impairment test for long term assets or the recoverability test for inventories. These tests are usually repeated each year and in some cases, they are mandatory. Why are these tests so important? what is the main issue here? Explain in your words. In the course of its ptoduction, Gigi Ltd bought some raw materials to its supplier. The goods were billed and delivered the same day for a total units of 500, 50 each. As the accountant of the company you will : First recognise the main transaction which is a creating a recorded through side in front of a impacting the Next impact which need to be ( side ) in front of the account" in inventories" impacting the It's very usual to test the value of current or non-current assets with for example the impairment test for long term assets or the recoverability test for inventories. These tests are usually repeated each year and in some cases, they are mandatory. Why are these tests so important? what is the main issue here? Explain in your words