Question

5,548 - 3,100 (Amount Receive) { 2,440 LUSS. 6. Atul Khilauna Bhandar sent 1,000 toys to M/s Bahorilal Basantlal of Delhi. The cost price of each toy was 35 but the invoice price was * 40. The consignor paid 1,500 on consignment expenses out of which 300 were for Insurance. In the transit 100 toys were destroyed and Bahorilal Basantlal received 90% of the cost price against damage from Insurance Company. The agent sold rest of the toys on invoice price. Sales expenses were 60. The agent sent the balance amount after deducting expenses and 2% commission. Open necessary accounts in the books of Consignor. ​

Answer 1

sorry I have no idea on this topic