Question

A sends goods worth 50000 to B for sales for 5% commission. he invited rs 1500 for freight and rs 500 for insurance. The goods are sold for RS 60000, consignee incurs rs 500 unloading expenses and rs 500 rent. B sends a draft after deducting his expenses and commission. Prepare necessary accounts in the books of A.

Answer 1

Answer:

The goods are sold for Rs. 60000 , consignee incurs Rs. 500 unloading expenses and Rs. 500 rent. B sends a draft .