Advice the closing inventory value as at July 31stQty On Hand Cost$0.05$0.20$2.00$6.20$2,500.00$1.50ProductNRV$1.00$0.90$1.60$6.18$2,550.00$1.55WJ01225WJ02114WJ0374WJ0435WJ05WJ0658

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Description: Advice the closing inventory value as at July 31stQty On Hand Cost$0.05$0.20$2.00$6.20$2,500.00$1.50ProductNRV$1.00$0.90$1.60$6.18$2,550.00$1.55WJ01225WJ02114WJ0374WJ0435WJ05WJ0658

As per IAS 2 of IFRS Inventory to be valued at Cost or Net reliazable value (NRV) which ever is…

Business

Accounting

Advice the closing inventory value as at July 31t Qty On Hand Cost $0.05 $0.20 $2.00 $6.20 $2,500.00 $1.50 Product NRV WJ01 $1.00 $0.90 $1.60 $6.18 $2,550.00 $1.55 225 WJ02 114 WJ03 74 WJ04 35 WJ05 WJ06 58

Advice the closing inventory value as at July 31t Qty On Hand Cost $0.05 $0.20 $2.00 $6.20 $2,500.00 $1.50 Product NRV WJ01 $1.00 $0.90 $1.60 $6.18 $2,550.00 $1.55 225 WJ02 114 WJ03 74 WJ04 35 WJ05 WJ06 58

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please do not give solution in image format thanku
Please do not give solution in image format thanku
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