Accountancy, asked by shah033, 9 months ago

Calculate the value of closing stock from the following according to Weighted Average method:
1st January, 2014: Opening balance: 50 units @ Rs. 4
Receipts:
5th January, 2014: 100 units @ Rs. 5
12th January, 2014: 200 units @ Rs. 4.50
Issues:
2nd January, 2014:30 units
18th January, 2014:150 units

Answers

Answered by ag9526688

1

Answer:

Value of closing stock is 765 rupees

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