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Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.?.

Solutions for Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? defined & explained in the simplest way possible. Besides giving the explanation of Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.?, a detailed solution for Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? has been provided alongside types of Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? theory, EduRev gives you an ample number of questions to practice Ram Das of Hyderabad consigned goods costing Rs. 72,000 to Prakash of Cochin at apro-forma invoice price which is cost plus a profit of 1/6th on invoice price. Theconsignor paid Rs. 1,800 as insurance and other charges. Prakash received the goods andpaid Rs. 3,000 for freight and other charges. He was allowed 3% commission on grosssales. 3/4th of the goods were sold at 33.33% profit on cost, half of which were creditsales. Half of the balance was stolen, but the stock being insured, a claim was lodged forRs. 8,000 and was settled for Rs. 7,000. Balance of stock was valued at proforma invoiceprice. Write up the Consignment and the Abnormal Loss Accounts.? tests, examples and also practice Commerce tests.