From the following details, write up stores ledger account using simple average method:
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December Don't use plagiarized sources. Get Your Custom Essay on
the stock verifier found a shortage of 10 kg on 16 december and another shortage of 617147
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1. Opening balance |
100 kg @ 5.00 |
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Received |
50 kg @ 5.20 |
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8. Issued |
120 kg |
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10. Issued |
10 kg |
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15. Received |
80 kg @ Rs. 5.40 |
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18. Issued |
50 kg |
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20. Received |
100 kg @ Rs. 5.60 |
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25. Issued |
40 kg |
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29. Issued |
60 kg |
The stock verifier found a shortage of 10 kg on 16 December and another shortage of 10 kg on 26 December.
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