Which of the following documents records quantity and value of the material ?

CS Executive · Cost and Management Accounting · PYQS · December 2018
Which of the following documents records quantity and value of the material ?
(A) Bin card
(B) Stores ledger
(C) Both (A) and (B)
(D) None of (A) and (B)

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Material Costing

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