A company has a stock of goods consisting of four different groups of items. The cost and

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A company has a stock of goods consisting of four different groups of items. The cost and net realisable value of each group is shown in the table below.

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Calculate the amount to be shown as the value of the company’s stock.

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Financial And Management Accounting An Introduction

ISBN: 9781292244419

8th Edition

Authors: Pauline Weetman

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Question Posted: Sep 28, 2021 02:36 AM

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A company has a stock of goods consisting of four different groups of items. The cost and

Question:

Group of items Cost Net realisable value А 1,000 1,400 B 1,000 800 2,100 1,900 D 3,000 3,100

Step by Step Answer:

To calculate the value of the companys stock we need to find th...View the full answer

Financial And Management Accounting An Introduction

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