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The profit shown in the financial accounts was K158,500 but the cost accounts showed a different figure. The following stock valuations were used. Stock valuations
The profit shown in the financial accounts was K158,500 but the cost accounts showed a different figure. The following stock valuations were used. Stock valuations Cost accounts Financial accounts K Opening stock 35,260 41.735 Closing stock 68,490 57,336 What was the profit in the cost accounts? K163,179 O K140,871 OK153,821 OK176,129
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