In this video I have explained how to prepare Stores Ledger Account under Replacement Price Method.
It is also known as Replacement Cost Method.
⏱TIMESTAMPS
00:00 - Concept
04:18 - Replacement Price Method Problem
Material Costing Chapter Playlist
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LIFO - Last in First Out
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Simple Average Price Method
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Weighted Average Price Method (AVCO)
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This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.
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