Date Purchases

Unit Price per unit Total

1 1st may --- --- ---
2 2nd may --- --- ---
3 7th may 500 4.8 2400
4 13th may --- --- ---
5 20th may 500 5 2500
6 28th may --- --- ---

Date Sales
Unit Price per unit Total
st
1 1 may --- --- ---
2 2nd may 200 4.5 900
3 7th may --- --- ---
4 13th may 400 4.8 1920
5 20th may --- --- ---
6 28th may 450 5 2250

Date Total Balance

Unit Price per Unit Total
st
1 1 May 300 4.5 1350
2 2nd May 200 4.5 900
3 7th May 100 4.5 450
500 4.8 2400
4 13th May 100 4.5 450
500 4.8 2400
(400 4.8 1920)
5 20th May 100 4.5 450
100 4.8 480
500 5 2500
5 28th May 450 5 2250

100 4.5 450

100 4.8 480
50 5 250
250 1180

Sales= 200@7= 1400

40@10= 400

450@12= 5400

Total= 10800
Opening Stock= 300@2.5= 1250

Purchases= 500@4.8= 2400

500@5= 2500

Less closing Stock=

250@5= 1250

Cost of sales= 5070

Gross Profit= Sales – Cost of Sales

=10800-5070

Profit =5730