Accounting – 4.5 Valuation of inventory | e-Consult
4.5 Valuation of inventory (1 questions)
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Inventory Valuation Statement as at 31 December 2023
| Opening Inventory | £12,000 |
| Add: Purchases | £25,000 |
| Less: Closing Inventory | £9,000 |
| Total Inventory Valuation | £28,000 |