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A company abandons the historical cost principle and adopts the LCNRV method of valuing inventory. Explain the process of LCNRV
A company abandons the historical cost principle and adopts the LCNRV method of valuing inventory. Explain the process of LCNRV
Posted by:Shadrack
Posted on:Oct 27,2022
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Process of LCNRV
Assignment Question(s): (Marks 15) Q1. A company abandons the historical cost principle and adopts the LCNRV method of valuing inventory.
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