sunil kumar of indore sent goods of costing of rs 250000 to manisha traders jabalpur on consignment basis which was 25% more than its cost he spent rs 2500 on carriage and rs 2400 on insurance and received a bill of rs 80000 which he discounted from bank of rs 77500 manisha traders sold 4/5 of the consigned goods for rs 240000 and spend rs 6000 its selling expenses hi 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
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