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Which of the following are adjusting post balance sheet events? i. A major business combination after the balance sheet date ii. Allowances for inventories due
Which of the following are adjusting post balance sheet events?
i. A major business combination after the balance sheet date
ii. Allowances for inventories due to evidence of net realizable value
iii. Destruction of a major production plant by fire after balance sheet date
A. i only
B. ii only
C. iii only
D. i, ii and iii
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