Ollie Varadi recently valued his end-of-year stock at 10,000. The following items have not been included in

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Ollie Varadi recently valued his end-of-year stock at £10,000. The following items have not been included in his stock valuation.image

(a) Calculate the total value of Varadi’s stock.

(b) Name one concept used in the valuation of stock.

(c) Explain the term net realisable value.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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