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2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order?
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2020 7 April Purchase goods of G 20,000, out of these goods amounting ...
Purchase of Goods
On 7th April, goods worth G 20,000 were purchased. Out of these goods, G 14,000 was insured.
Fire Loss
Unfortunately, a fire occurred and goods worth G 3,000 were burnt. The insurance covered the loss, but the actual loss was only G 2,500.
Insurance Claim
The insurance company accepted the claim and made the payment for the loss.
Order Received from Ram
On 15th April, an order for goods worth G 3,000 was received from Ram.
Shyam's Request to Durga
On 18th April, Shyam requested his supplier, Durga, to send the goods to Ram according to his order.
Explanation
Shyam had purchased goods worth G 20,000, out of which G 14,000 was insured. This means that in case of any loss or damage to the goods, the insurance company would cover the loss up to G 14,000.
Unfortunately, a fire occurred and goods worth G 3,000 were burnt. However, the actual loss incurred was only G 2,500. Since the loss was within the insured amount, the insurance company accepted the claim and made the payment of G 2,500.
Later, on 15th April, an order for goods worth G 3,000 was received from Ram. This indicates that Ram requires these goods for his business or personal use.
Shyam, being aware of Ram's order, requested his supplier Durga to send the goods to Ram according to his order. This implies that Shyam wants to fulfill Ram's requirement by arranging for the goods to be delivered to him.
In summary, Shyam purchased goods, some of which were insured. A fire caused a loss of G 3,000, but the insurance company only paid G 2,500 as the actual loss. Later, Shyam received an order from Ram for goods worth G 3,000, and he requested his supplier Durga to fulfill this order on Ram's behalf.
On 7th April, goods worth G 20,000 were purchased. Out of these goods, G 14,000 was insured.
Fire Loss
Unfortunately, a fire occurred and goods worth G 3,000 were burnt. The insurance covered the loss, but the actual loss was only G 2,500.
Insurance Claim
The insurance company accepted the claim and made the payment for the loss.
Order Received from Ram
On 15th April, an order for goods worth G 3,000 was received from Ram.
Shyam's Request to Durga
On 18th April, Shyam requested his supplier, Durga, to send the goods to Ram according to his order.
Explanation
Shyam had purchased goods worth G 20,000, out of which G 14,000 was insured. This means that in case of any loss or damage to the goods, the insurance company would cover the loss up to G 14,000.
Unfortunately, a fire occurred and goods worth G 3,000 were burnt. However, the actual loss incurred was only G 2,500. Since the loss was within the insured amount, the insurance company accepted the claim and made the payment of G 2,500.
Later, on 15th April, an order for goods worth G 3,000 was received from Ram. This indicates that Ram requires these goods for his business or personal use.
Shyam, being aware of Ram's order, requested his supplier Durga to send the goods to Ram according to his order. This implies that Shyam wants to fulfill Ram's requirement by arranging for the goods to be delivered to him.
In summary, Shyam purchased goods, some of which were insured. A fire caused a loss of G 3,000, but the insurance company only paid G 2,500 as the actual loss. Later, Shyam received an order from Ram for goods worth G 3,000, and he requested his supplier Durga to fulfill this order on Ram's behalf.
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2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order?
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2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order?.
2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order?.
Solutions for 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? defined & explained in the simplest way possible. Besides giving the explanation of
2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order?, a detailed solution for 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? has been provided alongside types of 2020 7 April Purchase goods of G 20,000, out of these goods amounting to G 14,000 is insured. Goods amounting to G 3,000 is burnt by fire out of the insured goods, but the loss is only G 2,500. Insurance company accepted this claim and made the payment. 15 April An order of goods for G 3,000 is received from Ram. 18 April Shyam ask his supplier Durga to send the goods to Ram according to his order? theory, EduRev gives you an
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