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Question 5 of 6 AT&G is a business located in the northern Suburbs of Cape Town. The company buys it's inventory from China and then

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Question 5 of 6 AT&G is a business located in the northern Suburbs of Cape Town. The company buys it's inventory from China and then resells to its customers. During the 2019 financial year, AT&G bought inventory worth R180000, the business sold all the product on a margin of 27% on cost. The business had additional expenditures of R152000 for transporting the inventory to Cape Town. Report revenue, cost of sales, gross profit under the Gross reporting and Net reporting. Justify the appropriate method for reporting revenue. Maximum number of characters (including HTML tags added by text editor): 32,000 Show RichTextEditor and character och

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