The following Transaction took place in respect of a material item: Date Receipts Rate (Rs. ) Issue

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The following Transaction took place in respect of a material item:

Date Receipts Rate (Rs. ) Issue Quantity Quantity 2.3.2001 200 2.00 —

10.3.2001 300 2.40 —

15.3.2001 — — 250 18.3.2001 250 2.60 —

20.3.2001 — — 200 Prepare Stores Ledger Account, pricing the issues at: (i) Simple Average Method;
(ii) Weighted Average.
[Ans.: (i) Balance 300 units at Rs.

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The following Transaction took place in respect of a material item: Date Receipts Rate (Rs. ) Issue

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