8. Praksah of Hyderabad consigns to Vijay of Vijayawada 50 cases of goods
at a cost of 5,000 per case. Prakash incurred the following expenses.
Freight 4,500, insurance * 12,500. Vijay paid cartage 2,000 and rent
2,280 4 cases were destroyed in transit and a sum of 15,000 is agreed
by the insurance Co., as compensation. Out of 46 cases 36 cases were
sold for 6,000 each. Vijay is entitled for a commission of 5% on sales
and sent the bank draft for full settlemtnt of account. Show consignment
account and Vijay account in the books of Prakash.
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Answer:
Hy mate i dont understand what you trying to ask?
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Answer:
consignment account
consignee account
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