A clothing manufacturer commenced business on 1 January 1989. Textile materials used by the manufacturer include two
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A clothing manufacturer commenced business on 1 January 1989. Textile materials used by the manufacturer include two types: M and N. During the six months till 30 June 1989, purchases were as follows:
Issues from the storeroom to the factory were as follows:
Materials were charged to the factory at cost on the FIFO principle. Prepare stores ledger account.
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