Question

2 (B) Transactions of Material M of TIkshna Ltd: Date Transactions 1-7-2022 7-7-2022 13-7-2022 22-7-2022 26-7-2022 2000 3000 Issue 3000 Purchase 1800 Issue 2000 Prepare Stock ledger for the month ended on 31-07-2022 Units Purchase Purchase Total Rs. 8,000 12,900 FIFO Method 8,280 LIFO Method​.

(COST ACCOUNTING QUESTION )

Answer 1

Answer: This would be )

Explanation: This is because the transcations all cancel each other out ..