complete the receipts and issues by adopting the 1 fifo 2 lifo and 3 weighted averag 617152

The following information is extracted from the stores ledger:

Purchases:

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complete the receipts and issues by adopting the 1 fifo 2 lifo and 3 weighted averag 617152
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January

100 units at Rs. 1 per unit

100 units at Rs. 2 per unit

Issues:

January

60 units for Job W16

60 units for Job W17

Complete the receipts and issues by adopting the (1) FIFO (2) LIFO and (3) weighted average methods.

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