On December 31, 2020, a big fire caused severe damage to the What amount should be reported as inventory fire loss? At the beginning of 2020, the entity changed the policy on the salvaged. Damaged...

On December 31, 2020, a big fire caused severe damage to the What amount should be reported as inventory fire loss? At the beginning of 2020, the entity changed the policy on the salvaged. Damaged merchandise marked to sell at P100,000 profit rate of 5% higher than the gross profit rate in 2019. had an estimated realizable value of P10,000.

Sep 11, 2022

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On December 31, 2020, a big fire caused severe damage to the What amount should be reported as inventory fire loss? At the beginning of 2020, the entity changed the policy on the salvaged. Damaged...

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