enter the following transactions in the stores ledger of y material using i fifo and 617139

May 1.

Balance:

250 units at Rs.1 per unit

Issued:

50 units on material requisition No. 61.

Received:

800 units vide Goods Received Note No. 13 at Rs.1.10 per unit

Issued: No. 63

300 units on Material Requisition

Returned to stores:

20 units issued on Material Requisition No. 61.

Received:

300 units as per GRN No.15 at Rs. 1.20 per unit

Issued:

320 units [M.R. No. 83] 18. Received: 100 units (GRN No.77) at Rs. 1.20 per unit

Issued:

80 units (M. R. No. 102)

Returned to vendors 20 units from goods received Note No. 77 received on 18 May

Received:

200 units on GRN No. 96 at Rs. 1 per unit

Freight paid on purchase (GRN No. 96): Rs. 50

Issued: 250 units on M.R. No. 113