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