A store ledger is a record of receipts, issues and closing balances of material by entering —

CS Executive · Cost and Management Accounting · PYQS · June 2015
A store ledger is a record of receipts, issues and closing balances of material by entering —
(A) Quantity only
(B) Quantity and value
(C) Value only
(D) Quality only.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Material Costing

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