shop Rs SSO stocks shoes which avoid overstocking and sells at each to because of Jimited space i the deliveries from faur manufacturing st different paices shop on opening time on morning.During october nthe dėliveries where are made to the basis at week ly mond ay and sales shown below and an opening stock of 100 there was shoes which has been purchased in Setem September at Rs 90 each. Shoes purchased Number of Shoes week NO 01 Sold 150 Cost each Number 200 300 400 300 300 330 290 350 02 330 03 04 350 390 Tranding accounts and from information given below, Sre prepared monthly Required :- Prepare stock record for the transaction based on two method of pricing issues Jisted below 2) FIFO b) weighted average:

shop Rs SSO stocks shoes which avoid overstocking and sells at each to because of Jimited space i the deliveries from faur manufacturing st different paices shop on opening time on morning.During october nthe dėliveries where are made to the basis at week ly mond ay and sales shown below and an opening stock of 100 there was shoes which has been purchased in Setem September at Rs 90 each. Shoes purchased Number of Shoes week NO 01 Sold 150 Cost each Number 200 300 400 300 300 330 290 350 02 330 03 04 350 390 Tranding accounts and from information given below, Sre prepared monthly Required :- Prepare stock record for the transaction based on two method of pricing issues Jisted below 2) FIFO b) weighted average:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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