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  3. 3 29. r of rohtang consigned 100 cases of medicine

3 29. R of Rohtang consigned 100 cases of medicines costing 1,000 per case to...

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Accounting

3 29. R of Rohtang consigned 100 cases of medicines costing 1,000 per case to Katrina Kaif of Kota on 1-1-2019. Goods were sold at 25% above cost. Any deficiency in selling price was to e borne by Katrina. Katrina was, however, entitled to a special commission @ 25% of any surplus price realised. She was further entitled to an ordinary commission of 5% and del credere commission of 21% on all sales. Rincurred the following expenses: Packing charges 6,000; Loading charges ? 1,000; Lorry Hire 12,000; Railway Freight 21,000. The cases were received by Katrina on 15-1-2019. The Account sales received on 30-6-2019 revealed the following: 40 cases sold on 21-3-2019 @ 1,500 per case. 30 cases sold on 24-3-2019 @ 1,200 per case. 10 cases sold on 15-6-2019 @ 1,300 per case. 5 cases were stolen by a dishonest employee. A compensation of 2,000 was realised from him. Katrina incurred unloading charges of 2,000 and warehouse rent 3,000. Katrina enclosed a bank draft for the balance due. Account in the
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2. R of Rohtang consigned 100 cases of medicines costing 1,000 per case to Katrina Kaif of Kota on 1-1-2019. Goods were sold at 25% above cost. Any deficiency in selling price was to be borne by Katrina. Katrina was, however, entitled to a special commission @ 25% of any surplus price realised. She was further entitled to an ordinary commission of 5% and del credere commission of 221% on all sales. Rincurred the following expenses: Packing charges 6,000 ; Loading charges 1,000; Lorry Hire 12,000 ; Railway Freight {21,000. The cases were received by Katrina on 15-1-2019. The Account sales received on 3062019 revealed the following: 40 cases sold on 21-3-2019 @ 1,500 per case, 30 cases sold on 24-3-2019 @ 1,200 per case. 10 cases sold on 15-6-2019 @ 1,300 per case. 5 cases were stolen by a dishonest employee, A compensation of 2,000 was realised from him. Katrina incurred unloading charges of 2,000 and warehouse rent 3,000. Katrina enclosed a bank draft for the balance due

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