Olynda Garden Centre accumulates the following data at 30 June: Calculate the lower of cost and net
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Olynda Garden Centre accumulates the following data at 30 June:
Calculate the lower of cost and net realisable value for Olynda’s total inventory.
Transcribed Image Text:
Inventory categories Native trees Potting mix Garden statues Cost data $16800 12600 19 600 Net realisable value $14280 13 300 17920
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Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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