Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8 55 45 25 5.75 26 30 30 12.20 28 Date Receipts Issues Balance Quantity Rate Amount Quantity Rate Amount Quantity Rate Amount September 1
8 55 45 25 5.75 26 30 30 12.20 28 Date Receipts Issues Balance Quantity Rate Amount Quantity Rate Amount Quantity Rate Amount September 1 25 16.5 162.5 4 76.50 352 17 110.5 6 50 *5.75 5287.50 67 398 7 12 5.75 69 329 10 10 5.75 57.50 271.5 12 15 5.75 86.25 30 185.25 13 13 5.75 74.75 7 6.50 45.50 10 65 15 25 6.10 152.50 35 217.50 17 10 6.10 61.00 156.50 19 10 5.75 57.50 35 214 20 5 28.75 40 242.75 10 5.75 57.50 185.25 2. 6.10 173.05 @ Closing stock consists of 10 units @ 6,50 365 5 units @ 5.75 28.75 13 units @ 6.10 79.30 173.05 P.8.28 With help of the following information, prepare the store ledger based on the weighted average method of pricing issues. September 1 Opening balance 24,000 kgs @ 27.5 per kg 1 Purchased 44,000 kgs @ 27.6 per kg 2 Issued 10,000 kgs 5 Issued 16,000 kgs 12 Issued 24,000 kgs 13 Purchased 10,000 kgs @ 8 per kg 18 Issued 24,000 kgs 22 Purchased 50,000 kgs @ 78 per kg 28 Issued 30,000 kgs Issued 22,000 kgs Note: Use rates up to two decimals. y35 30
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started