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Nes) Mohan consigned 15. (Abnormal Loss in transit consignment stock/Ledger Aves)at pantaining 100 lip-sticks. Cost price of eachuckets of lip-sticks, each packet containing 100 hp-sticks. Cost price300. Mohan spent 50 per packet as cartage, freight, insurance and forOne packet was lost on the way and Mohan lodged claim with the locould get only *270 as claim on average basis. Consignee took deliverynackets and spent 19.950 on other non-recurring expenses and 110expenses. He sold 370 packets at the rate of ? 5.50 per lip-stick. He wcommission on sale plus 1% del-credere commission. Prepare ConsisConsignee Ac in the books of consignor. (Profit 38,145 : Ab. Loss 350 : Un.11.000)ind forwarding commisthe Insurance companyk delivery of the rest ofd 11,250 as mep-stick. He was entitledPrepare Consignment Ab |
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Answer» Stock was of ₹ 70,000 but its NET REALISABLE VALUE was ESTIMATED at ₹ 60,000.Hope it's helpMark as brainliest ❤️Follow me |
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