enter the following transactions in the stores ledger of y material using i fifo and 617139

Enter the following transactions in the stores ledger of Y material using (i) FIFO and (ii) LIFO methods:

May 1. Don't use plagiarized sources. Get Your Custom Essay on enter the following transactions in the stores ledger of y material using i fifo and 617139 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page Order Essay	Balance:	250 units at Rs.1 per unit
	Issued:	50 units on material requisition No. 61.
	Received:	800 units vide Goods Received Note No. 13 at Rs.1.10 per unit
	Issued: No. 63	300 units on Material Requisition
	Returned to stores:	20 units issued on Material Requisition No. 61.
	Received:	300 units as per GRN No.15 at Rs. 1.20 per unit
	Issued:	320 units [M.R. No. 83] 18. Received: 100 units (GRN No.77) at Rs. 1.20 per unit
	Issued:	80 units (M. R. No. 102)
	Returned to vendors 20 units from goods received Note No. 77 received on 18 May
	Received:	200 units on GRN No. 96 at Rs. 1 per unit
	Freight paid on purchase (GRN No. 96): Rs. 50
	Issued: 250 units on M.R. No. 113