Adelgrove is a small engineering firm. They use stock cards to record receipts and issues of the various components held in the stores. It is the firm’s policy to keep up to date records of both the quantity and value of stock items.

On 1 February there were 100 units in stock of item MN/84. The cost price per unit is £5.00. During the month of February the following stock movements took place:

Date Receipts Items Date Issues Items 4 Feb Invoice 915 50 6 Feb Requisition Number 55 60 8 Feb Invoice 930 20 10 Feb Requisition Number 63 70 17 Feb Invoice 946 45 15 Feb Requisition Number 69 25 27 Feb Invoice 976 60 24 Feb Requisition Number 78 55 You are required to complete a stock record card, in date order, for the month of May:

• First calculate and enter the value of the opening stock: 100 units at £5.00 per unit = £500

• In date order, enter the details of each receipt and issue.