Prepare stores ledger account using the (a) simple average method and (b) weighted average method. 1 answer below »
The following transactions occur in the purchase and issue of a material:
2 January
Purchased
4,000 units at Rs 4.00 per unit
20
Get Assignment Writing Help
Our experts are ready to complete your assignment, course work. essay, test, dissertation, research paper, quiz
Get StartedPurchased
500 units at Rs 5.00 per unit
5 February
Issued
2,000 units
10
Purchased
6,000 units at Rs 6.00 per unit
12
Issued
4,000 units
2 March
Issued
1,000 units
5
Issued
2,000 units
15
Purchased
4,500 units at Rs 5.50 per unit
20
Issued
3,000 units
Prepare stores ledger account using the (a) simple average method and (b) weighted average method.
Needs help with similar assignment?
we are available 24x7 to deliver the best services and ready within 3-4 hours? Order a custom-written, plagiarism-free paper
Order Over WhatsApp
Place an Order Online
