FAR210: As at 31 December 2022, a physical stock count was carried out to determine the value: Financial Accounting III Assignment, UiTM, Malaysia
University | Universiti Teknologi MARA (UiTM) |
Subject | Financial Accounting III Assignment |
As at 31 December 2022, a physical stock count was carried out to determine the value of the inventories held by Tango Bhd. The unsold inventories were valued at RM881,750. Due to the flood in December 2022:
• 10% of the inventories were fully damaged and could not be sold. • 30% only can be sold at RM250,000. The cleaning and repairs cost for these damaged inventories was estimated at RM10,000.
• 40% (undamaged inventories) could be sold at RM325,000. The selling cost of these remaining inventories was RM5,500.
• Remaining inventories could be sold at RM190,000.
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Get Help By Expert
"Master Financial Accounting III with our expert assistance! We proudly serve as your dedicated assignment helper in Malaysia, offering specialized support in accounting assignment help. Malaysian students can now elevate their academic performance by paying our experts for tailored guidance. Navigate the complexities of Financial Accounting III assignments with confidence, knowing our comprehensive support is designed to meet your unique needs.
Recent Solved Questions
- TBE101/03: Building Materials Report, WOU, Malaysia The Penang State Government announced the new Penang South Islands (PSI) development
- THEORETICAL ASPECTS OF COMPUTER SCIENCE Assignment, MUM, Malaysia You are required to develop a computer program with Python programming language to try and solve it
- Online Order Management System Assignment, AUTI, Malaysia APU ONLINE SHOPPING MALL (AOSM) is one of the fast-growing Online Service in Malaysia which help customer
- Strategic Operation Management Case Study, ASB, Malaysia The company that would become BP was founded in 1909 as the Anglo-Persian Oil Company shortly after Englishman William
- Mobile Phone Development Assignment, UTM, Malaysia The proposed development of a mobile phone app by the Computer Science department would serve many perceived needs
- XBFS4103: Osh Issues In Workplace Assignment, OUM, Malaysia Food safety is something that must not be taken lightly and Productivity can be increased through the production of safe and quality
- Freight and Supply Chain Management Research Paper, SU, Malaysia According to Ziesemer, Thomas (1995) in his study about the growth with imported capital goods
- Financial Accounting and Reporting Assignment, SU, Malaysia Perkasa Bhd., a public company listed in the MAIN market of Bursa Malaysia, issued and paid-up capital at the beginning
- SOPA1035: Social Policy and Social Pedagogies Case Study, UOG, Malaysia Cikgu Aminah teaches a preschool class in SK Tanah Abang, Mersing. She hails from the west coast of peninsular Malaysia
- BDA101: Two datasets about games on the Steam platform have been provided to you on the LMS: Analytics for Decision Making Assignment, HU, Malaysia