Question

Pilce
1. "V" of Vikarabad consigned goods value of 350,000 to S of Secunderabad. “V” paid transport
charges 4,000 and drew a bill of two months on S for 30,000 as advance. This bill was
discounted with the banker for 29,500. “S” sent the account sales of consignment stating that
the entire stock was sold for 72,000, Cartage 2,000, commission 3,000 and bank draft
for the balance. Prepare account sales and Write journal entries in the books of both the parties.​

Answer 1

Answer:

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Explanation:

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