ayar & co of madrash consigned 1000 radios at 150 rupees to j.bros of bhavnagar. ayar & co paid Rs 10000 for freight Rs1000 for wages. Rs500 for insurance. 100 radios were destroyed by fire and insurance company accepted a claim of Rs6000. j.bros took delivery of the remaining radios and paid Rs13500 for custom duty. the consignee accepted a bill of Rs50000 drawn on the consignor for 3 months. the consignee sent an account sale in which he had sold 800 radios at Rs250 the consignee paid Rs3000 for advertisement. he is entitled to 5% commission on sales. prepaire consignment account in the books of consignor and calculate abnormal loss and closing stock
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what a question .......
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