Question

Question 37: X of Kolkata sent goods worth Rs. 12,000 to y of Mumbai to be sold on commission basis.
Rs. 300 was spent on sending the goods. X drew a bill for Rs. 6,000 which was accepted by Y. Y sold 3/4th
of the goods for Rs. 10,000 and spent Rs. 600 in connection therewith. He had got the goods insured and
had paid Rs. 150 as insurance premium. Unfortunately a fire broke out and whole of the remaining goods
were destroyed. Rs. 3,000 were recovered from the insurance company by X The agent was to receive
commission at 6%. He remitted the balance by bank draft.
Prepare Consignment Account, Consignee's Account and Abnormal Loss A/c in the books of consignor.
Answer. Loss on Consignment Rs. 600; Value of Abnormal Loss Rs. 3,075; Abnormal Loss transferred to
Profit & Loss A/c Rs. 75; Bank Draft received from Y for Rs. 2,625.​

Answer 1

Answer:

Each day, roughly three million litres of water is supplied to Leh from three sources: direct extraction from the Indus river bed in the heart of the town, digging borewells in Leh town and upper Leh areas, and through springs and diversion channels.