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Yanbu Steel Ltd had three items of stock, each costing 1,200 on 31.12.2012 The General Price Level (GPL) 100 on 1 January 2012 and 130

Yanbu Steel Ltd had three items of stock, each costing 1,200 on 31.12.2012 The General Price Level (GPL) 100 on 1 January 2012 and 130 on 31 December 2012 value of stock on 31 December 2012 the basis of Current Cost Accounting? 3600 4,200 4.800

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