Question 1 2 points Comfort Ply 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 Ply Ltd should account for the inventory loss of $180,000 as an expense, in accordance with the definition and recognition criteria provided in the MSB Conceptual Framework. For the toolbar, press ALT F10 (PC) or ALT-FN-F10 Mack T PE Patha are to search a ING 11:22 IN 11-09-2