17. B of Batala sent a consignment to his agent C of Chandigarh The invoice price of the goods was 30,000 which was 25 per cent above cost. On receiving the goods, C sent * 10,000 asadvance to B. He also spent the following sums :On freight and cartage500On godown insurance and rent300Four-fifth of the goods were sold for 26,000. C is entitled to a commission of 10 percent of the invoice plus 1/4th of profit (finally remaining) that B might make. Prepareaccounts in the books of both parties.Draft on00

17. B of Batala sent a consignment to his agent C of Chandigarh The in

1.	17. B of Batala sent a consignment to his agent C of Chandigarh The invoice price of the goods was 30,000 which was 25 per cent above cost. On receiving the goods, C sent * 10,000 asadvance to B. He also spent the following sums :On freight and cartage500On godown insurance and rent300Four-fifth of the goods were sold for 26,000. C is entitled to a commission of 10 percent of the invoice plus 1/4th of profit (finally remaining) that B might make. Prepareaccounts in the books of both parties.Draft on00
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