MGT101 GDB 2016

Lifo

Description	Received					Issued					BaLance
	Qty	Rate		Rs.		Qty	Rate		Rs.		Qty	Rate	Rs.
Opening Blance											10	100.00	1,000
Purchas	5		120.00		600						10	100.00	1,000
											5	120.00	600
Issued						5		120.00		600
						7		100.00		700	3	100.00	300

Fifo

Description	Received					Issued					BaLance
	Qty	Rate		Rs.		Qty	Rate		Rs.		Qty	Rate	Rs.
Opening Blance											10	100.00	1,000
Purchas	5		120.00		600						10	100.00	1,000
											5	120.00	600
Issued						10		100.00		1000
						2		120.00		240	3	120.00	360