Question

4.727
Chapter
9) Joint Venture and Consignment Account
Goods costing 1.00.000. Invoice Price 1,20,000, send to consignee.
Goods sold by consignee for 96,000 at Invoice Price. Consignee is
entitled to a com
ommission of 5% to cost price of sale made and 10%
dditional commission on difference of invoice price and cost price of
sale made. Amount of commission payable to the consignee will be
(a) 74.000
(b) 5,600
(c) 1,600
(d) * 9,600.
Answer:
Mr. A sold goods amounting to 30,000 (cost of goods * 24.000
received on consignment, during the month of April, 2009. Half of the​

Answer 1

Answer:

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