Question: From the following information, prepare a stores ledger account under specifi c pricing with FIFO: April 1. Opening balance 2. Issued 4. Purchased 5. Purchased

From the following information, prepare a stores ledger account under specifi c pricing with FIFO:

April 1. Opening balance 2. Issued 4. Purchased 5. Purchased 6. Issued

April 1. Opening balance 2. Issued 4. Purchased 5. Purchased 6. Issued 10. Purchased 16. Issued 25. Purchased 30. Issued 50 kg @ Rs. 10 30 kg 60 kg @ Rs. 11 50 kg @ Rs. 12 for a specific job to be issued on 15 April 25 kg 50 kg @ Rs. 10 60 kg 25 kg @ Rs. 12 35 kg

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