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I cant understand the adjustment
Answers (4)
Best Answer
,As said in the adjustment the inventory is valued at cost less 10% i.e ,14,76,000 is for 90%then for 100% how much ?=14,76,000*100/90 = 16,40,000 therefore as the inventory is valued less the difference amount is adjusted in the operating activities
Abhishek Verma
buddy it's 10% instead of 105 , misprint in your question
Thats ok bro i saw that but i cant understand the adjustment