The following particulars have been extracted in respect of a material. Prepare the stores ledger account showing the receipts and issues, pricing the materials issued on the basis of (a) Simple average (b) Weighted average. 1994 Quantity (Kg.) Rate Per Kg. ($) Jan 2 Received 2,000 10 6 Received 300 12

The following particulars have been extracted in respect of a material. Prepare the stores ledger account showing the receipts and issues, pricing the materials issued on the basis of (a) Simple average (b) Weighted average. 1994 Quantity (Kg.) Rate Per Kg. ($) Jan 2 Received 2,000 10 6 Received 300 12

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Description: The following particulars have been extracted in respect of a material. Prepare the stores ledgeraccount showing the receipts and issues, pricing the materials issued on the basis of (a) Simpleaverage (b) Weighted average.1994Quantity(Kg.)Rate Per K

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 3PA: Trini Company had the following transactions for the month. Calculate the cost of goods sold dollar...

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