The following particulars relate to the receipts and issues of a material during the month of March:
| March 4. Don't use plagiarized sources. Get Your Custom Essay on prepare stores ledger account using a lifo and b weighted average method 617151 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | Received | 500 units at Rs. 2.00 each |
| Received | 350 units at Rs. 2.10 each | |
| Issued | 600 units | |
| Received | 600 units at Rs. 2.20 each | |
| Issued | 450 units | |
| Received | 500 units @ Rs. 2.30 each | |
| Issued | 510 units | |
| Issued | 100 units |
Prepare stores ledger account using (a) LIFO and (b) weighted average method.
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