Question

V of vikarabad consigned goods value ₹50,000 to s of Secunderabad. V paid transport charges ₹4,000 and drew a bill of two months on s for ₹ 30,000 as advance. This bill was discounted with the banker for ₹29,500. "s sent the account sales of consignment stating that the entire stock was sold for ₹ 72,000, cartage ₹ 2,000, commission ₹ 3,000 and bank draft for the balance. Prepare account sales and write journal entries in the book of both the parties

Answer 1

Answer:

it is a brain teaser

Explanation:

so much short form and teasing a brain it can be done by a mathmacian