Accountancy, asked by vaanidarke, 3 months ago

please solve this..........
class 11 accounts financial statements with adjustments​

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Answered by itzprincesskalyani
1

Answer:

Mr. Manoj wrote to the Mr. Venkatesh on 6th June, offering to sell them some wool and requested

that the Mr. Venkatesh reply „in course of post‟. The letter which contained the offer was wrongly

addressed and therefore the Mr. Venkatesh did not receive it until 9th June. On receiving the letter

the Mr. Venkatesh posted a letter of acceptance the same day. However, due to the delay the Mr.

Manoj had assumed the Mr. Venkatesh was not interested in the wool and sold it to a third party on

8

th June. Advise Mr. Venkatesh.

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