Question

# "A", "B' and c entered into a contract for purchase and
sale
of Chee at joint risk. The work of joint venture
was deputed to ec and it
to ec and it was decided to
commission @ 5 % on sales. "A" and eB² each remitted
Rb. 1.50,000 to ec ec' took out thee worth Rs. 1, 20,000
from his stock and
and purchase thee for cash Rs. 300,000
Sales of total thee for cash at Rs. 300,000 • sales
total ahee realised Rs. 6, 30,000. Expenses on
be and sales were Rs. 30,000 Amount due to
and ef' was paid after sales. Prepare necessary
accounts in the books if C
​

Answer 1

Answer:

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Explanation:

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