Prepare a store ledger account by adopting the weighted average method of pricing.
|
1 September 1997 |
Opening balance |
50 units at Rs 3 per unit |
|
4 |
Issued |
2 units |
|
8 |
Purchased |
48 units at Rs 4 per unit |
|
9 |
Issued |
20 units |
|
15 |
Purchased |
76 units at Rs 3 per unit |
|
22 |
Received back into stores 19 units out of the 20 units issued on 9 September |
|
|
30 |
Issued 10 units to production |
|