Revisit (5 marks) Following are the details regarding the receipts and issues of material X in respect of a firm. The firm follows the perpetual inventory system for maintaining its stores records. You are required to prepare stores ledger and calculate the closing value of inventory on 30th November 2020 as per FIFO method. Date 1st November 13th November 14th November 18th November 21st November 23rd November 30th November Particulars Opening Inventory Issued to Production Department Purchases Issued to Production Department Returned to supplier from purchase dated 14th November Purchases Physical verification revealed that there was shortage 10 units @Rs.6 15 units @Rs.8 5 units 10 units @Rs.10 10 units 5 units 20 units @Rs.6 10 units