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Assuming beginning inventories were acquired when the

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Reference no: EM13376301

Assuming beginning inventories were acquired when the general price index level was 128, prepare Kashmir Enterprises' financial statements (i.e., income statement and balance sheet) under the

(a) Conventional original transactions cost model

(b) Historical-cost constant rupee model

(c) Current-cost model.

Reference no: EM13376301

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