Accountancy, asked by sindhur20, 4 days ago

C of Calcutta sent 100 bicycles to B of Mumbai to be sold on consignment basis on 1.1.2014. The cost of each
bicycle was ~ 800, C incurred ~ 500 for freight, ~ 750 for cooli charges and ~ 850 for insurance premium.
On 31.12.2014, C received on Account Sales from B, which showed that he sold 80 bicycles @ ~ 1,200 each and
after deducting his commission and expenses amounting to ~ 20,000, he sent the balance amount by a draft with the
Account Sales. According to contract, B is entitled to get ordinary commission @ 10% and del credere commission
@ 5% on sale proceeds. Show important Ledger Accounts in the books of both the parties.

Answers

Answered by SmitaMissinnocent
2

Answer:

Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Organizations in this sector: Institute of Chartered Accountants in England and Wales

Answered by YOURDIWAANI
0

Explanation:

Mucormycosis, also known as black fungus, is a rare but dangerous infection. It's caused by a group of molds called mucormycetes and often affects the sinuses, lungs, skin, and brain. You can inhale the mold spores or come into contact with them in things like soil, rotting produce or bread, or compost piles.

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