Question

Sunil Kumar of Indore sent goods of costing of Rs. 2,50,000 to Manisha Traders Jabalpur on consignment basis which was 25% more than its cost. He spent Rs. 2,500 on carriage and Rs. 2,400 on insurance and received a bill of Rs. 80,000 which he discounted from bank for Rs. 77,500, Manisha Traders sold 4/5 of the consigned goods for Rs. 2,40,000 and spend Rs. 6,000 at selling expenses. He remitted the balancing amount to Sunil Kumar after deducting his commission @ 6.25% by a draft. Open necessary accounts in the books of Sunil Kumar. P.T.O.​

Answer 1

Answer:

Explanation:Commutative property states that the change in the order of numbers in an addition or multiplication operation does not change the sum or the product. The commutative property of addition is written as: A + B = B + A.