from the following information prepare a stores ledger account under specific pricin 617141
From the following information, prepare a stores ledger account under specific pricing with FIFO:
April 1. |
Opening balance |
50 kg @ Rs. 10 |
Issued |
30 kg |
|
Purchased |
60 kg @ Rs. 11 |
|
Purchased |
50 kg @ Rs. 12 |
|
for a specific job to be issued on 15 April |
||
Issued |
25 kg |
|
Purchased |
50 kg @ Rs. 10 |
|
Issued |
60 kg |
|
Purchased |
25 kg @ Rs. 12 |
|
Issued |
35 kg |