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    Category: Inventories

    2020 JYSS 3E POA EOY P2 Q5

    5 The following inventory account has been extracted from the books of Lilian for the year ended 30 April 2020: Inventory account      …

    caleb April 8, 2021

    2020 JYSS 3N POA EOY P2 Q7

    7 Ernest buys and sells computers. At the financial year end on 31 March 2020, he supplied the following information.   $ Computers, 1 March…

    caleb April 8, 2021

    2020 NAS 3E POA EOY P2 Q4

    4 Autobot Trader buys and sells car accessories on credit. An extract from the business’ books on 1 September 2020 showed the following balances.  …

    caleb April 7, 2021

    2020 NAS 3E POA EOY P1 Q4

    4 BTS Watches is a branded watch retailer. On 1 September 2019, his inventory account had the following balance:   $ Inventory (120 watches) 36…

    caleb April 7, 2021

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