STORE LEDGER CARD (LIFO)

RECEIPT ISSUE BALANCE

DATE
Qty Price Amount Qty Price Amount Qty Price Amount
1-May Opening Balance 2000 55.00 110,000
2-May 8000 60 480,000 2000 55.00 110,000
8000 60.00 480,000
3-May 6000 57.50 345,000 2000 55.00 110000
8000 60.00 480000
6000 57.50 345,000
7-May 6000 57.50 345,000 2000 55.00 110,000
2000 60.00 120,000 6000 60.00 360,000
12-May 14800 62.50 925,000 2000 55.00 110,000
6000 60.00 360,000
14800 62.50 925,000
15-May 6000 62.50 375,000 2000 55.00 110,000
6000 60.00 360,000
8800 62.50 550,000
21-May 8000 62.50 500,000 2000 55.00 110,000
6000 60.00 360,000
800 62.50 50,000
24-May 8000 65.00 520,000 2000 55.00 110,000
6000 60.00 360,000
800 62.50 50,000
8000 65 520,000
25-May 2000 70.00 740,000 2000 55.00 110,000
6000 60.00 360,000
800 62.50 50,000
8000 65.00 520,000
2000 70.00 740,000
26-May 800 62.50 50,000 2000 55.00 110,000
8000 65.00 520,000 2000 60.00 120,000
2000 70.00 740,000
4000 60.00 240,000
27-May 8000 67.50 540,000 2000 55.00 110,000
2000 60.00 120,000
8000 67.50 540,000
25-May Returned to supplier 1200 67.50 81,000 2000 55.00 110,000
2000 60.00 120,000
6800 67.50 459000
30-May 1600 70.00 112,000 2000 55.00 110,000
2000 60.00 120,000
6800 67.50 459,000
1600 70.00 112,000
31-May Stock loss 1200 70 84,000 2000 55.00 110,000
2000 60.00 120,000
6800 67.50 459,000
400 70.00 28,000
CLOSING STOCK 11200 717,000