In an interlocking accounting system, the profit shown in the financial accouts was £79 252 but the cost account showed £74 294 profit. The following stock valuations were the only differences between the two sets of accounts:
| Stuck valuations Don't use plagiarized sources. Get Your Custom Essay on what was the value of x 610014 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | Cost accounts | Financial accounts |
| Opening stock | £10 116 | £9 217 |
| Closing stock | £24 053 | X |
What was the value of X?
A £18 196 B £23 154 C £24 952 D £28 112
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