(Continuation news of FAMILYTEX): Inventory valuation along with physical verification was performed at the reporting date by management of the company by taking into account of obsolete and damaged items. b) As reported in note no. 7 in the financial statements, "Trade and Other Receivables" balances stood at taka 1,490,295,972.00 as on 30 June 2020. Since these balances of outstanding trade receivables were all created against sales, (cont.2)