Prepare the stores ledger account based on the weighted average method of pricing issues:
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24,000 kg @ Rs. 7,500 per tonne |
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1. Opening balance |
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1. Purchased |
44,000 kg @ 7,600 per tonne |
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1. Issued |
10,000 kg |
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5. Issued |
16,000 kg |
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12. Issued |
24,000 kg |
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13. Purchased |
10,000 kg @ 7,800 per tonne |
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18. Issued |
20,000 kg |
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22. Purchases |
50,000 kg @ 8,000 per tonne |
|
28. Issued |
30,000 kg |
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30.Issued |
22,000 kg |
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