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Prepare an extract of the Statement of Comprehensive Income that reflects, amongst others, the value of closing inventory as at 3 1 March 2 0
Prepare an extract of the Statement of Comprehensive Income that reflects, amongst others, the value
of closing inventory as at March and the gross profit for the month ended March using
the following methods of inventory valuation:
Lastinfirstout
Weighted average cost with the weighted average cost per unit expressed to
the nearest cent
INFORMATION
The following transactions of Sigma Traders took place during March in respect of the only product
that it sells:
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