On July 1, 2015 M/s Jalan & Co. of Kolkata consigned 50 boxes consignment was 3,750 but invoiced at 5,000. On this date the consignor paid 3 300 for freight and insurance.On October 15, 2016 the consignee paid 500 for import duty and 100 for dock dues and sent a bank draft of*2,000 as advance. On 1 November, 2015 they sold 40 boxes at 5,260. They received 5% commission on sale.Open Consignment A/c, Consignee's Alc, Goods sent on Consignment Alc, Consignment Stock A/c and Consign-ment Stock Suspense A/c in the books of Jalan & Co.Ans. Profit on consignment 1,277; Stock on consignment 1,180, Payment due * 2,397.of Mumbai sent on consignment 400 radio sets to Matacharan of Tundla.

On July 1, 2015 M/s Jalan & Co. of Kolkata consigned 50 boxes consig

1.	On July 1, 2015 M/s Jalan & Co. of Kolkata consigned 50 boxes consignment was 3,750 but invoiced at 5,000. On this date the consignor paid 3 300 for freight and insurance.On October 15, 2016 the consignee paid 500 for import duty and 100 for dock dues and sent a bank draft of2,000 as advance. On 1 November, 2015 they sold 40 boxes at 5,260. They received 5% commission on sale.Open Consignment A/c, Consignee's Alc, Goods sent on Consignment Alc, Consignment Stock A/c and Consign-ment Stock Suspense A/c in the books of Jalan & Co.Ans. Profit on consignment 1,277; Stock on consignment 1,180, Payment due 2,397.of Mumbai sent on consignment 400 radio sets to Matacharan of Tundla.
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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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