Please solve this math
This query is : Resolved
25 August 2021
Mr Basak of Kolkata sent on consignment to Mr Alok of Delhi 500 cases @ £1,250 on 1st
July 2019 to be sold on his account and at his risk for 10% commission.
Mr Basak incurred £ 30,000 expenses on dispatching the goods to Alok.
On July 10, 2019 Mr Basak received a bill for £ 200,000 at 2 months from Alok.
On September 30, 2019 Alok sent on account sales disclosing that 300 cases have been sold
for £1,600/- each and the remaining cases @ £1,500/- each.
The account sales also disclose that Alok has incurred unloading expenses £ 6,000 and
selling expenses £ 9,000. He sends a draft for the net amount due.
You are required to enter the transactions in the books of Mr Basak (Consignor).
July 2019 to be sold on his account and at his risk for 10% commission.
Mr Basak incurred £ 30,000 expenses on dispatching the goods to Alok.
On July 10, 2019 Mr Basak received a bill for £ 200,000 at 2 months from Alok.
On September 30, 2019 Alok sent on account sales disclosing that 300 cases have been sold
for £1,600/- each and the remaining cases @ £1,500/- each.
The account sales also disclose that Alok has incurred unloading expenses £ 6,000 and
selling expenses £ 9,000. He sends a draft for the net amount due.
You are required to enter the transactions in the books of Mr Basak (Consignor).
10 August 2024
https://docs.google.com/document/d/1-lWmT5yWY_ecc3hShImj35700TMm0kCOT-zpuWjxg7s/edit?usp=sharing
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