Accountancy, asked by aniketchaurasia88, 2 months ago

The Bombay Mills Ltd. of Bombay consign to their Calcutta agent 210.000 worth of piece goods, drawing on Calcutta for the amount. They pay charges fright and insurance on the consignment amounting to 3850 and discount the bill which costs

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Answered by vijaykumarprajapati9

Answer:

A consignment agreement is a contractual agreement between the consignor and consignee, where the consignor is sent goods to the consignee for sale of such goods on his behalf. So it is an agency relationship between the two where the...

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The Bombay Mills Ltd. of Bombay consign to their Calcutta agent 210.000 worth of piece goods, drawing on Calcutta for the amount. They pay charges fright and insurance on the consignment amounting to 3850 and discount the bill which costs ​

Answers

The Bombay Mills Ltd. of Bombay consign to their Calcutta agent 210.000 worth of piece goods, drawing on Calcutta for the amount. They pay charges fright and insurance on the consignment amounting to 3850 and discount the bill which costs