From the following particulars, write the stores ledger card:
|
1 January |
Opening stock is 1,000 units at Rs 26.00 each |
|
5 |
Purchased 500 units at Rs 24.50 each |
|
7 |
Issued 750 units |
|
10 |
Purchased 1,500 units at Rs 24.00 each |
|
12 |
Issued 1,100 units |
|
15 |
Purchased 1,000 units at Rs 25.00 each |
|
17 |
Issued 500 units |
|
18 |
Issued 300 units |
|
25 |
Purchased 1,500 units at Rs 26.00 each |
|
29 |
Issued 1,500 units |
Adopt the FIFO method of issue and ascertain the value of closing stock.