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Hats sold 20 hats - PowerPoint PPT Presentation

TOPIC 8

TOPIC 8. ACCOUNTING FOR INVENTORIES. ACCOUNTING FOR INVENTORIES. DEFINITION: FRS 102 : Inventory is an asset that owned by the business is for the purpose of selling to the customer. Managing inventory is done to determine: 1. Inventory in hand 2. Inventory available for sale

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Hats sold 20 hats - PowerPoint PPT Presentation

TOPIC 8