Question 19 Not yet answered Mariced out of 1.00 Fag question From the following situation find the amount of closing inventory. The inventory at 31st December 2020 is OMR 130,325. This includes OMR 1325 for items accidentally destroyed on 12th January 2020 and OMR 900 which relates to the cost of damaged inventory which can be altered at a cost of OMR 250 and which can then be sold for OMR 790. OMR 129,140 OMR 128,640 OMR 132,190 None of them Out 10 Not yet Which one of the following situation best describes a contract liability as per IFRS 157 answered Marked out of 1.00 Flag question None of them If a company has an unbilled revenue from the customer exists. If a customer has paid amount of consideration prior to the entity performing by transferring the related services to the customer If the company has a right to consideration is conditional on something other than the passage of time