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The following is an extract of the records of the receipts and issues of a chemical during a month: 1 Feb: Opening balance 500 tonnes

The following is an extract of the records of the receipts and issues of a chemical during a month:

1 Feb: Opening balance 500 tonnes @ Rs 200

3 Feb: Issued 70 tonnes

4 Feb: Issued 100 tonnes

8 Feb: Issued 80 tonnes

13 Feb: Received 200 tonnes @ Rs 190

14 Feb: Return from Department 15 tonnes

16 Feb: Issued 180 tonnes

20 Feb: Received 240 tonnes @ Rs 195

24 Feb: Issued 300 tonnes

25 Feb: Received 320 tonnes @ Rs 200

26 Feb: Issued 115 tonnes

27 Feb: Returned from Department 35 tonnes

28 Feb: Received 100 tonnes @ Rs 200

Issues are to be priced on the principle of First in First out. The stock verifier has found a shortage of 10 tonnes on the 22nd and left a note accordingly. Draw up a priced store ledger card for the materials showing the above transaction

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