If the relevant price indices for trade debtors and trade creditors are as follows, calculate the monetary
Question:
If the relevant price indices for trade debtors and trade creditors are as follows, calculate the monetary working capital adjustment for Seafield Ltd, using the details given in question 30.9A.
Data from Question 30.9
The balance sheet of Seafield Ltd at 31 December 20X4 shows the following balances:
The relevant price indices for trade debtors and trade creditors are:
Required:
Using the above information, calculate the monetary working capital adjustment at 31 December 20X4 for Seafield Ltd.
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9780273693109
10th Edition
Authors: Frank Wood, Alan Sangster
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