• LIFO MATHOD last case 27th March date issued or purchase i don't clear it ...

Accountomey Date-18.04.23 ustration-2 Details of receipts and issues of a material in Pactory during March as follows: March 1st a Opening balance 500 quintalo @ Rs. 25 3rd Reissued 70 quintals 38th Received from vendor 200 quintals @ Rs. 24.50 14th Return of surplus from a work order 15 quintals @Rs. 24 16th Jesued 180 quintals 10th Received from vendor 240 quintals @ Rs. 26 24th Jesued 280 quintals 25th Sasued 140 quintale 27th Return from a work order 12 quintals @Rs.24.50 28th Received from vendor 100 quintals @ Rs. 25 29th Returned to vendor 50 quintals. There was 27th. Write shortage of 5 quintals on 21 th and 8 quintals stopes ledger using LIFO method up on