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