Prepare store leger card and comparative cost sheet

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Reference no: EM132719393

Question 1: Prepare Store Leger Card (FIFO, LIFO and Average) and Comparative Cost Sheet from the following data.

July 01 Balance b/d 50 Units@10 Each

July 05 Purchases 30 Units@12 Each

July 09 Purchases 60 Units@9 Each

July 13 Sales 70 Units@18 Each

July 23 Purchases 40 Units@8 Each

July 26 Purchases 20 Units@16 Each

July 30 Sales 90 Units@19 Each

Reference no: EM132719393

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