Question

Mehta and company send goods costing rupees 20000 to sarkar and company and consignment account and in Rupees 1800 on freight and insurance. sales commission @5% and del -creder commission 5/4%is payable. Consignee sold goods to the extent of rupees 32000 and expenses were rupees 2400. unsold stock was worth rupees 600 in the hands of consignee. open necessary accounts in the book of consignor
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Answer 1

Answer:

Oh my god not interested

Explanation:

Nooooo ooo explanation

Answer 2

Answer:

To Sarkar & Company Account Dr = 600

Question  : Mehta and company send goods costing rupees 20000 to sarkar and company and consignment account and in Rupees 1800 on freight and insurance.

Explanation:

From the above question,

They have given :

Mehta and company send goods costing rupees 20000 to sarkar and company and consignment account and in Rupees 1800 on freight and insurance.

Sarkar & Company Account

Cr.

By Consignment Account =  32000

By Expenses   = 2400

Consignee sold goods to the extent of rupees 32000 and expenses were rupees 2400. unsold stock was worth rupees 600 in the hands of consignee. open necessary accounts in the book of consignor

Consignor's Profit and Loss Account

Dr.

To Sarkar & Company Account =  32000

By Consignment Account   = 20000

By Sales Commission = 1000

By Del-Creder Commission = 750

By Freight & Insurance   =  1800

Unsold Stock Account

Dr.

To Sarkar & Company Account = 600

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