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Question 1 7 Not yet answered Flag questionQuestion textCamp Limited is a distributor of camping equipment. The financial year end of the company is 3
Question Not yet answered Flag questionQuestion textCamp Limited is a distributor of camping equipment. The financial year end of the company is December. During the financial year ended December Camp Limited placed an order for camping equipment to the value of $ with a USA company on credit. Details of the order are as follows:Order placed July Goods delivered FOB Shipment September Goods received in store October Payment date January The following foreign exchange rates are applicable Spot rate $ R July September October December January The following costs relating to inventory were paid in cash: RandHandling and transport costs Import duty The inventory was still unsold as at January YOU ARE REQUIRED TO:The cost of inventory acquired............. Question Answera.a Rba Rca RdNone of the answers provided is correct
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