FIFO Method

PURCHASES/Return SALES/ Issued BALANCE

DATE Qty. Rate. Amount Qty. Rate. Amount. Qty. Rate.
Units Rs. Rs. Units Rs. Rs. Units Rs.
Feb-01 500 200
Feb-03 70 200 14000 430 200
Feb-04 100 200 20000 330 200
Feb-08 80 200 16000 250 200
Feb-13 200 190 38000 250 200
200 190
Feb-14 15 200 3000 265 200
200 190
Feb-16 180 200 36000 85 200
200 190
Feb-20 240 195 46800 85 200
200 190
240 195
Feb-24 85 200 17000
200 190 38000
15 195 2925 225 195
Feb-25 320 200 64000 225 195
320 200
Feb-26 115 195 22425 110 195
320 200
Feb-27 35 195 6825 145 195
320 200
Feb-28 100 210 21000 145 195
320 200
100 210
Total 166350
BALANCE
Amount
Rs.
100000
86000
66000
50000
50000
38000
53000
38000
17000
38000
17000
38000
46800

43875
43875
64000
21450
64000
28275
64000
28275
64000
21000
1080550
 LIFO
PURCHASES/ Return SALES/ Issued
DATE Qty. Rate. Amount Qty. Rate.
Units Rs. Rs. Units Rs.
Feb-01
Feb-03 70 200
Feb-04 100 200
Feb-08 80 200
Feb-13 200 190 38000

Feb-14 15 200 3000

Feb-16 180 190

Feb-20 240 195 46800

Feb-24 260 195

20 190
20 200
Feb-25 320 200 64000
Feb-26 115 200
Feb-27 35 200 7000
Feb-28 100 210 21000

Total
ALES/ Issued BALANCE
Amount. Qty. Rate. Amount
Rs. Units Rs. Rs.
500 200 100000
14000 430 200 86000
20000 330 200 66000
16000 250 200 50000
250 200 50000
200 190 38000
265 200 53000
200 190 38000
34200 265 200 53000
20 190 3800
265 200 53000
20 190 3800
260 195 50700
50700
3800
4000 245 200 49000
565 200 113000
23000 450 200 90000
485 200 97000
465 200 93000
100 210 21000
165700 1108300
 Average Method
PURCHASES/ Return SALES/ Issued
DATE Qty. Rate. Amount Qty. Rate.
Units Rs. Rs. Units Rs.
Feb-01

Feb-03 70 200

Feb-04 100 200

Feb-08 80 200

Feb-13 200 190 38000

Feb-14 15 200 3000

Feb-16 180 195

Feb-20 240 195 46800

Feb-24 300 192.5

Feb-25 320 200 64000

Feb-26 115 197.5

Feb-27 35 197.5 6912.5

Feb-28 100 210 21000

ALES/ Issued BALANCE
Amount. Qty. Rate. Amount
Rs. Units Rs. Rs.
500 200 100000

14000 430 200 86000

20000 330 200 66000

16000 250 200 50000

450 88000

465 91000

35100 285 55900

525 102700

57750 225 44950

545 108950

22712.5 430 131662.5

465 138575

565 159575
DATE PURCHASES SALES
Qty. Rate. Amount Qty. Rate.
Units Rs. Rs. Units Rs.
Feb-01

Feb-03 70 200

Feb-04 100 200

Feb-08 80 200

Feb-13 200 190 38000

Feb-14 15 195.56 2933.4

Feb-16 180 195.56

Feb-20 240 195 46800

Feb-24 300 195.3

Feb-25 320 200 64000

Feb-26 115 198.06

Feb-27 35 197.5 6912.5

Feb-28 100 210 21000

SALES BALANCE
Amount. Qty. Rate. Amount
Rs. Units Rs. Rs.
500 200 100000

14000 430 200 86000

20000 330 200 66000

16000 250 200 50000

450 195.6 88000

465 195.56 90933.4

35200.8 285 195.6 55732.6

525 195.3 102532.6

58590 225 195.3 43942.6

545 198.1 107942.6

22776.9 430 304.0 130719.5

465 296.0 137632

565 280.8 158632