sunil kumar of indore sent goods of costingof rs.250000 to manisha traders jabalpur on consignment basis which was 25% more than its cost .he spent rs.2500 on carrige and rs.2400 on insurance and received a bill of rs. 80000 which he discounted fron bank of rs.77500.manisha traders sold 4/5 of the consignment foods for rs.240000and spend rs.6000at selling expenses. he remitted the balancing amount to sunil kumar after deductinghis commission @6.25% by a draft.open necessary account in the book of sunil kumar.
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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.
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