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On 15 January 20X9, a company's warehouse is destroyed by nre. ow should this be treated in the. financial statements for the year ended 31
On 15 January 20X9, a company's warehouse is destroyed by nre. ow should this be treated in the. financial statements for the year ended 31 ecember 2018 Only adjust the financial statements to write off the warehouse Q No adjustment or disclosure is required Only explain the event ,n a note to the financial! statements Adjust the financial statements to write off the warehouse and explain the event in a note to the financial statements
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