The following particulars relate to the receipts and issues of a material during the month of March:
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prepare stores ledger account using a lifo and b weighted average method 617151
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Received |
500 units at Rs. 2.00 each |
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Received |
350 units at Rs. 2.10 each |
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Issued |
600 units |
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Received |
600 units at Rs. 2.20 each |
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Issued |
450 units |
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|
Received |
500 units @ Rs. 2.30 each |
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Issued |
510 units |
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Issued |
100 units |
Prepare stores ledger account using (a) LIFO and (b) weighted average method.
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