Question

Modi textiles , Delhi consigned to vinod enterprises Kolkata hundred cotton bales the invoice price of each BEL was Rupees 1500 its which includes 20% profit on invoice price the consignor paid rupees 2500 for insurance and rupees 400 for carriage and fight the consigned received cotton bales and salts 75 Bells for gas and release rupees 112500 in curd rupees 1800 on Godown rent and was allowed 10% Commission on sales 5 cotton bales vs Wild in go-down and they are not to be value at 50% depreciation so consignment account in the books of Modi textiles

Answer 1

Answer:

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