Advance accounting:- As 13 ,in illustration 6 how to find average cost ?

Liza · 4 Mar 2025

U take the average of shares Like u take and add the cost of the shares every share equity shares, or extra purchased ES , bonus share , right issue on the numerator and on the denominator you take the no. Of shares of those cost's In the example it will be [123000(total cost of the 1000 shares including brokerage and stamp duty )+0(for bonus share since no charges for bonus)]/1000 ES + 500 bonus = 82 ( these is the cost of 1 share and cost for 1000 Es = ₹ 82 * 1000 = 82000 Hope these helps