Question

Mohan purchased 1,000 metres of silk @ 60 per metre and sent to Desai of Bombay to be sold for mutual benefit. Mohan spent * 2,000 on packing etc. Desai received the consignment and paid *5,000 as freight. Mohan drew upon Desai a bill for 50,000. The draft was accepted and Mohan got it discounted for * 48,750. Desai sold 900 metres @ 90 per metre and had to pay * 2,520 as expenses. Mohan took over the remaining quantity at cost plus 10%. Desai is to be allowed commission on sales @ 5% and profits are to be shared in the ratio 3 (Mohan): 2 (Desai). Prepare joint venture account and Desai's account in the books of Mohan.
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Answer 1

Answer:

Good question

Explanation:

He, I told it in few hours

Answer 2

Answer:

13550

Explanation:

my answer not matched plese solve this