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Up until 30 June 2021 Sunshine Ltd had been incorrectly valuing inventories using the LIFO method. In July 2021 the management of Sunshine Ltd discovered

Up until 30 June 2021 Sunshine Ltd had been incorrectly valuing inventories using the LIFO method. In July 2021 the management of Sunshine Ltd discovered that LIFO is not an acceptable method of ...

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