From the following details, write up stores ledger account using simple average method:
| December Don't use plagiarized sources. Get Your Custom Essay on the stock verifier found a shortage of 10 kg on 16 december and another shortage of 617147 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | 1. Opening balance | 100 kg @ 5.00 |
| Received | 50 kg @ 5.20 | |
| 8. Issued | 120 kg | |
| 10. Issued | 10 kg | |
| 15. Received | 80 kg @ Rs. 5.40 | |
| 18. Issued | 50 kg | |
| 20. Received | 100 kg @ Rs. 5.60 | |
| 25. Issued | 40 kg | |
| 29. Issued | 60 kg |
The stock verifier found a shortage of 10 kg on 16 December and another shortage of 10 kg on 26 December.
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