1 Perpetual Inventor Y System with Returns During the year ended 30 June 2014 TooBakko Ltd sold each unit of its goods at 9 Purchases and sales of the goods are shown below Ignore GST 2013 July 1 Inventory on hand 200 units 500 each 30 Sales 120 units Aug 25 Purchases 300 525 30 Sales 250 units Sept 3 Purchases 450 units 530 10 Purchases returns 50 damaged units from 3 September purchase 30 Sales 300 units Oct 5 Purchases 300 units 540 Dec 8 Purchases 250 units at 545 2014 11 Sales 500 units Feb

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Part A Research and development cost should be expensed in the year to 30 June 2020 23500000 Given A... View the full answer