24. The Stores Ledger A/c for Material X in a manufacturing concern reveals the following data for the quarter ended 30" September 1993. ur in Receipts Issues Quantity Price (Rs) Quantity Amount (Rs) July 1" 1,600 2.00 gth 3,000 2.20 July 13th 1,200 13 2,556 August 5th 900 1,917 17th 3,600 2.40 24th 1,800 4,122 September 11h 2,500 2.50 27th 2,100 4.971 2gth 700 1,656 Physical verification on September,30", 1993 revealed an actual stock of 3,800 units. You are required to: (a) Indicate the method of pricing employed in the above. (b) Complete the above account by making entries you would consider necessary, including adjustment, if any. (B.Com, Osm) not (Ans: (i) Weighted average method. Value of stock on September 30th. ng th Rs.8,995 after adjustment of loss of stock) Rs.20 of 10