From the following particulars, write the stores ledger card:
|
1990 |
||
|
1 January |
Purchased |
500 ton at Rs 2 per ton |
|
10 |
Purchased |
300 ton at Rs 2.10 per ton |
|
13 |
Issued |
500 ton |
|
20 |
Purchased |
400 ton at Rs 2.20 per ton |
|
25 |
Issued |
300 ton |
|
27 |
Purchased |
500 ton at Rs 2.10 per ton |
|
31 |
Issued |
200 ton |
Adopt base stock method with LIFO. Base stock is 200 ton out of the 1 January purchase.