From the following transactions, prepare stores ledger account using simple average price method:
|
January |
1. Opening balance 100 units at Rs. 5 each |
|
5. Received 500 units at Rs. 6 each |
|
|
20. Issued 300 units |
|
|
February |
5. Issued 200 units |
|
6. Received 500 units at Rs. 5 each |
|
|
March |
10. Issued 300 units |
|
12. Issued 250 units |