Question

H Ltd. Forwarded on 1.7.2006. 100 bicycles to Vasu of Hyderabad to be sold on behalf of H Lid. The cost of each bicycle was 150 but the invoice price was 200, H Ltd. incurred 1.000 on freight and insurance Vasu received the consignment on 1472006 and accepted a three months drott drawn upon him by H Ltd. For R10.000. Vasu paid 400 as rent and ?250 gs insurance and by 31.12.2006 had disposed of 80 bicycles at 205 each. Vasu is entitled to a commission of 5% on sales including del credere commission of 1%. Vasu sold 20 bicycle on credit and was not able to recover sales proceeds of 5 bicycles because of insolvency of the debtor Give journal entries to record the above transactions in the books of H Ltd. and Vasu

Answer 1

Answer:

Here is your answer>>>

speed is =48 km every second

so,

□. 1 minute= 60 seconds

so,

48×60=2880 km

□ 1 hour=3600 seconds

so,

48×3600= 172800 km

□ 12 hours =43,200 seconds

so,

43, 200×48=2073600 km

□ 1 day (24 hours)=86400 seconds

so,

86400×48=4147200

2880 km per minute

Answer 2

Answer:

I have attached the solution. Hope you find it useful