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

Name: The following particulars have been extracted in respect of a materia
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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

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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Hi, Kindly answer no. 5, 6 and 7. Thank you :)
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1. Work in process inventory, ending 2. Cost of Goods Sold
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