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Determine the amount to be appropriated as expenses

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Question - In September 2019, a company bought working-time material, worth $30.000,00. Invoices were paid on October 30, November 30, and December 30, 2019. The material used in December 2019 totaled $20,000.00. In accordance with the Principle of Competence, determine the amount to be appropriated as Expenses in 2019?

Reference no: EM132872607

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