Hi,
Can one use weighted average method for stores ledger for electronic/electrical components namely resistors, capacitors, etc in large quantities?
Thanks in advance.
Tenny Thomas (Technical Associate) (87 Points)
11 August 2011Hi,
Can one use weighted average method for stores ledger for electronic/electrical components namely resistors, capacitors, etc in large quantities?
Thanks in advance.
Anantha Rama Krishna
(Asst. Accounts Manager)
(22 Points)
Replied 02 September 2011
hi
I hope if the store ledger will used FIFO Perpectuval it will give the accuracy value of Closing Stock.
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