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) During the year 2016, JJK Limited discovered certain items that had been included in the inventory at 31 December 2015 at a value of N$2.5 million but they had been in fact sold before the year end. The Statement of profit or loss and other comprehensive income below for JJK for 2015 and 2016 are as follows.
Required:
Show the 2016 Statement of profit or loss and other comprehensive income with
comparatives after the error has been corrected. (10 marks)
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