No.8 Prepare a stores ledger account using weighted average method of pricing the issue of materials. 2018 March 1 Balance 1,000 units @ Rs.70 per unit 3 Purchased 2000 units at Rs.80 per unit 5 Issued 500 units 10 Issued 1000 units 15 Purchased 2000 units at Rs.80 per unit 18 Issued 400 units 20 Received back 25 units out of the issued made on 5th March 22 Issued 1500 units 24 Returned to supplier 30 units out of the purchases made on 15th march 25 Purchased 1000 units at Rs.75 per unit 30 Issued 1000 units Physical verification on 21st march revealed a shortage of 15 units and 20 units shortage on 30th march