Consignment problems and solutions in English for inter
Consignment problems and solutions in English for inter Problem 2: Hari of Hyderabad consigned goods value Rs. 30,000 to Sumalatha of Surath. Hari paid for forwarding charges Rs 1,500 and drew a bill of two months on Sumalatha for Rs 15,000. The bill was discounted for Rs. 14,500. Sumalatha sent account sales of consignment stating that the entire stock was sold for Rs. 38,000, agent commission Rs 2,000 and sent bank draft for the balance. Write journal entries in the books of bothe the parties. Watch the following videos also: Consignments accounts | By Anjaneya Kumar Vemuri Description: Consignment accounts: part 1 : https://www.youtube.com/watch?v=XCuk8jPXLuw Consignment accounts: part 2 : https://www.youtube.com/watch?v=cZ0cVWJWRd8 Consignment accounts: part 3 : https://www.youtube.com/watch?v=BoR0sUTdX9k Consignment accounts: part 4 : https://www.youtube.com/watch?v=8VzU3SAXa7U Consignment accounts: part 5 : https://www.youtube.com/watch?v=rOelLimN1Qo consignment accounts: Problem no 1: https://youtu.be/_86mIYCqREc
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