Shyam sent a consignment of goods worth ₹ 7000 to his agent Sampath. He incurred an expenditure of ₹ 750 on transport. Sampath incurred ₹ 120 to get the goods cleared. He sent a bank draft to Shyam for ₹ 4500 as an advance. By the end of the April, he sold the entire consignment for ₹ 12,000. After deducting his Commission of 5% on sales, he had sent the balance of amount payable by a draft to Shyam. Prepare ledger accounts in the books of both the parties.
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