Stores Ledger Account (Weighted Average Method) for the month of August, 2018

Description: Location Code: Reorder Level: Maximum level:

Code No: Unit : Units Reorder Quantity: Minimum Level:
Date Receipts Issues Balance
GR Qty Rate Amoun MR Qty Rate Amou Qty. Rate (Rs.) Amoun
2018 No. . (Rs.) t (Rs.) No. . (Rs.) nt (Rs.) t (Rs.)

Aug 1 Opening Balance 50 3.00 150

5 2 3.00 6 48 3.00 144
7 48 4.00 192 96 144+192 = 3.50 336
96
9 20 3.50 70 76 3.50 266

19 76 3.00 228 152 266+228 =3.25 494

152
24 Return 19 3.50 67 171 494+67=3.2807 561
ed to 171
Store
27 10 3.28 33 161 3.2807 528
07
:: Closing Stock 161 3.2807 528
 Stores Ledger Account (Weighted Average Method) for the month of January
Description: Location Code: Reorder Level: Maximum level:
Code No: Unit : Units Reorder Quantity: Minimum Level:
Date Receipts Issues Balance
GR No. Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount
(Rs.) t (Rs.) No. (Rs.) t(Rs.) (Rs.)
Jan. 1 Opening Balance 3,000 5 15,000
3 5,000 16.16 80,800 8,000 95,800 95,800
8,000
=11.975
4 1,200 11.9 14,370 6,800 11.975 81,430
75
10 Surpl 300 11.97 3,593 7,100 11.975 85,023
us 5
20 4,000 11.9 47,900 3,100 11.975 37,123
75
25 4,980 13 64,740 8,080 1,01,863 1,01,863
8,080
= 12.6068
30 3,000 12.6 37,820 5,080 64,043 64,043
068 5,080
= 12.6068
:: Closing Stock 5,080 12.6068 64,043
 Stores Ledger Account (Weighted Average Method) for the month of March ,2016
Description: Location Code: Reorder Level: Maximum level:
Code No: Unit : Units Reorder Quantity: Minimum Level:
Date Receipts Issues Balance
GR No. Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount
2016 (Rs.) t (Rs.) No. (Rs.) t(Rs.) (Rs.)
Mar. 1 Opening Balance 100 10 1,000
2 Dept. 25 10 250 75 10 750
A
7 425 11 4,675 500 5,425 5,425
500
= 10.85

10 Dept. 200 10.85 2,170 300 10.85 3,255

B
12 Return 10 10 100 310 3,355 3,355
ed to 310
Store = 10.82
15 Retu 20 11 220 290 3,135 3,135
rned 290
to =10.81
supl.
17 110 12.50 1,375 400 4,510 4,510
400
=11.28
Date Receipts Issues Balance
GR Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount
2016
No. (Rs.) t (Rs.) No. (Rs.) t(Rs.) (Rs.)

Mar.25 100 10 1,000 500 5,510 5,510

500
=11.02
29 200 11.02 2,204 300 11.02 3,306
30 100 11 1,100 400 4,406 4,406
400
=11.02
:: Closing Stock 400 11.02 4,406
 Stores Ledger Account (Weighted Average Method) for the month of December ,2012
Description: Location Code: Reorder Level: Maximum level:
Code No: Unit : Units Reorder Quantity: Minimum Level:
Date Receipts Issues Balance
GR No. Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount
2012 (Rs.) t (Rs.) No. (Rs.) t(Rs.) (Rs.)
Dec. 1 Opening Balance 850 8 6,800
8 150 8 1,200 700 8 5,600

10 300 8 2,400 400 8 3,200

13 400 9 3,600 800 6,800 6,800

800
=8.5
15 300 8.5 2,550 500 8.5 4,250

18 Short 10 8.5 85 490 8.5 4,165

age
20 200 10 2,000 690 6,165 6,165
690
=8.9348
21 Excess 20 8.9348 179 710 6,344 6,344
710
=8.9352
Date Receipts Issues Balance
GR No. Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount
2012
(Rs.) t (Rs.) No. (Rs.) t(Rs.) (Rs.)

Dec.25 400 8.9352 3,574 310 8.9352 2,770

28 Return 5 8.5 43 315 2,813 2,813
ed to 315
store =8.9302
:: Closing Stock 315 8.9302 2,813
• Working Note:
• The excess should be priced at the previous
weighted average rate of Rs.8.9348.
 Stores Ledger Account (Weighted Average Method) for the month of November, 2014
Description: Location Code: Reorder Level: Maximum level:
Code No: Unit : Units Reorder Quantity: Minimum Level:
Date Receipts Issues Balance
GR No. Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount (Rs.)
2014
(Rs.) t (Rs.) No. (Rs.) t(Rs.)

Nov. 1 Opening Balance 2,400 18 43,200

3 1,500 18 27,000 900 18 16,200
4 5,600 16 89,600 6,500 1,05,800 1,05,800
6,500
= 16.2769
8 3,800 16.2 61,852 2,700 16.2769 43,948
769
9 Retur 100 18 1,800 2,800 45,748 45,748
ned 2,800
to =16.3386
store
16 2,200 15.50 34,100 5,000 79,848 79,848
5,000
= 15.9696
19 Retu 200 16 3,200 4,800 76,648 76,648
rn.to 4,800
sup = 15.9683
plier
.
Date Receipts Issues Balance
GR Qty. Rate Amoun MR Qty. Rate Amoun Qty. Rate (Rs.) Amount (Rs.)
2014
No. (Rs.) t (Rs.) No. (Rs.) t(Rs.)

Nov.20 4,500 16 72,000 9,300 1,48,648 1,48,648

9,300
= 15.9837
24 3,400 15.9 54,344 5,900 15.9837 94,304
837

27 4,800 18.5 88,800 10,700 1,83,104 1,83,104

10,700
=17.1125
29 3,600 17.1 61,605 7,100 = 17.1125 1,21,499
125
:: Closing Stock 7,100 17.1125 1,21,499