Store Ledger.

Q28. What is store ledger? What are the advantages of store ledger?
Ans. It is a subsidiary ledger, which contain receipt, issue and balance of each item separately. Entries in such ledger are made from goods received note and material requisition note.


  1.  Clean and neat records.
  2. All material in one stores ledger.
  3.  Distribution of work is possible.
  4.  Valuation of stock is possible in a short interval of time.

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