imagine you are a store manager of one of Woolworths branches located in Melbourne CBD....
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Accounting
imagine you are a store manager of one of Woolworths branches located in Melbourne CBD. After a regular stock on Monday, you find some goods were stolen over the weekend. Provide pro-forma journal entry to record the installation of cameras and smart check-out systems. Based on Page 3 of 5 the Conceptual Framework, justify your answers with reference to the definition and recognition criteria of relevant accounting elements in regards to the installation of cameras and smart check- out systems.
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