Exe-21: From the following transaction, prepare separately the Stores Ledger Accounts, using the following pricing methods:...

Transcribed Image Text:

Exe-21: From the following transaction, prepare separately the Stores Ledger Accounts, using the following pricing methods: (i) The FIFO, and (ii) LIFO January-1 Opening balance 100 units @ Tk.5 each January-5 Received 500 units @Tk.6 each January-20 Issued 300 units February 5 Issued 200 units February 6 Received 600 units @Tk.5 each March 10 Issued 300 units March 12 Issued 250 units Exe-22: From the particulars given below write up the stores Ledger card: January-1 Opening stock 1,000 units @ Tk.26 5 Purchased 500 units @ Tk.24.50 7 Issued 750 units 10 Purchased 1,500 units @ Tk.24 12 Issued 1,100 units 15 Purchased 1,000 units @ Tk.25 17 Issued 500 units 18 Issued 300 units 35 99 25 Purchased 1,500 units @Tk.26 29 Issued 1,500 units 39 Adopt the FIFO method of issue and ascertain the value of the closing stock. 145 Exe-21: From the following transaction, prepare separately the Stores Ledger Accounts, using the following pricing methods: (i) The FIFO, and (ii) LIFO January-1 Opening balance 100 units @ Tk.5 each January-5 Received 500 units @Tk.6 each January-20 Issued 300 units February 5 Issued 200 units February 6 Received 600 units @Tk.5 each March 10 Issued 300 units March 12 Issued 250 units Exe-22: From the particulars given below write up the stores Ledger card: January-1 Opening stock 1,000 units @ Tk.26 5 Purchased 500 units @ Tk.24.50 7 Issued 750 units 10 Purchased 1,500 units @ Tk.24 12 Issued 1,100 units 15 Purchased 1,000 units @ Tk.25 17 Issued 500 units 18 Issued 300 units 35 99 25 Purchased 1,500 units @Tk.26 29 Issued 1,500 units 39 Adopt the FIFO method of issue and ascertain the value of the closing stock. 145