QUESTION:
Dorano of Kolata consigned 500 boxes of canned goods to S. Gry of Indore, on September
2009, miong them at cost 75 per box. They ad recht 200 and insurance sod, and are
till upon S.Chya for 30.000 at two months' date which they discounted on 15 September with the
bankers for 29.700. The aduly met maturity. On 31 December, Doran Co received
account sales showing that the goods were sold for 50.000, and that landing and cartage expenses
amounted to 200 and warehousing tot 300. Commission at Son gross sale proceeds had be
deducted and a baker's draft for the balance was enclosed
Show the necessary or accounts in the books of both con mor and con
QUESTION
From the own particulars tracted from the
Answers
Answer:
QUESTION:
Dorano of Kolata consigned 500 boxes of canned goods to S. Gry of Indore, on September
2009, miong them at cost 75 per box. They ad recht 200 and insurance sod, and are
till upon S.Chya for 30.000 at two months' date which they discounted on 15 September with the
bankers for 29.700. The aduly met maturity. On 31 December, Doran Co received
account sales showing that the goods were sold for 50.000, and that landing and cartage expenses
amounted to 200 and warehousing tot 300. Commission at Son gross sale proceeds had be
deducted and a baker's draft for the balance was enclosed
Show the necessary or accounts in the books of both con mor and con
QUESTION
From the own particulars tracted from the
Answer:
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