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X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer?.

Solutions for X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice X of Kolkata sends out goods costing Rs. 3,00,000 to Y of Delhi. Commission agreement—2% on sales + 3% on sales as del-credere commission. The entire goods is sold by consignee for Rs. 4 lacs. However, consignee is able to recover Rs. 3,95,000 from the Trade receivables. The amount of profit to be transferred to P/L as net commission by consignee will be:a)Rs. 15,000b)Rs. 22,000c)Rs. 21,000d)Rs. 20,000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.