Rabin consigned goods for the value of Rs 8,250 to Raj of Kanpur paid freight etc. of Rs 650 $ insurance Rs 400.Drew a bill on Raj at 3 months after date for Rs 300 as an advance against consignment, and discounted the bill for Rs 2960.Received account sales from Raj showing that part of the goods had realized gross Rs 8,350 & that his exps & com amounted to Rs 870. The stock unsold was valued at Rs 2750.Consignee wants to remit a draft for the amount due.The amount for draft will be??
Pls solve this..
CAclubindia
