Question

Himi Garments of Banglore sent goods to agent costing 33,000 at invoice price, which is 20% higher than
cost to Sheela Garments of Ahemdabad on consignment. Consigner paid 1250 for insurance and freight.
Agent paid 2250 as clearing charges and estblishment expenses 750.Agent sold 3/4 of goods at cost plus
1/3 for profit. Half of the remaining goods destroyed by the fire. Insurance company accepted the claim for
4500, which is settled at 90% of the said amount. Agent will get 5% spe
such commission) on profit on consignment. Prepare Consignment Account, Abnormal loss account in the
books of consignee. Consigner received balance amount from consignee through bank draft Accounting is
done at invoice price. (Excluding abnormal loss).
Consignment Ace​

Answer 1

Answer:

bdbbdbdndncucjcnc MI cycle ji f8c

Explanation:

dndjxjdjfkofoofocfo