Question

Canodia Oil Mills, Delhi consigned 500 tins of vo
Jalandhar. Each tins cost * 132 @
Delhi consigned 500 tins of vanaspati ghee to Aggarwal Bros.,
ch tins cost * 132 @ 8 per kg. Canodia Oil Mills paid * 50 as carriage 250
8 per kg. Ca
as freight and
200 as insurance in transit. During transit 330 kgs. of ghee was
200 as insurance in transit. Duri
accidentally destroyed for which the insurance con
destroyed for which the insurance company paid, directly to the consignors,
1,250. The damaged tins were sold by Agga
ne damaged tins were sold by Aggarwal Bros. at * 1,100. After three months
e of consignment of goods; Aggarwal Bros., reported that 410 tins were sold at
ou per tin and expenses being on godown rent * 1,500; labour charges 500. Aggarwal
Bros, are entitled to commission of 4% and 1% del credere. Consignee reported a 10
kgs. due to leakage. Assuming that Aggarwal Bros. paid the amount due by bank draft,
show Necessary Accounts in the books of both the parties.

Answer 1

Answer:

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