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01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.?
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01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio set...
Transaction Summary
- Mr. Menontlo consigned 1,000 radio sets to Mehro of Jalna at Rs 450 each.
- Additional costs incurred:
- Freight: Rs 2,500
- Insurance: Rs 500
- Sundry Expenses: Rs 3,300
- Clearing Charges: Rs 700
- Carriage: Rs 500
Cost Analysis
- Total Cost of Goods:
- Cost of Radio Sets: 1,000 sets x Rs 450 = Rs 4,50,000
- Total Additional Costs: Rs 2,500 + Rs 500 + Rs 3,300 + Rs 700 + Rs 500 = Rs 8,500
- Total Cost: Rs 4,50,000 + Rs 8,500 = Rs 4,58,500
Sales Details
- Mehro sold:
- 300 sets at Rs 600 each = Rs 1,80,000
- 700 sets at Rs 550 each = Rs 3,85,000
- Total Sales: Rs 1,80,000 + Rs 3,85,000 = Rs 5,65,000
Commission Calculation
- Mehra's commission: 5% of total sales
- 5% of Rs 5,65,000 = Rs 28,250
Mehro Account and Commission Account
plaintext
Mehro Account (in the books of Mr. Menontlo)
Particulars | Amount (Rs)
---------------------------------|--------------
To Goods Consigned | 4,50,000
To Freight | 2,500
To Insurance | 500
To Sundry Expenses | 3,300
To Clearing Charges | 700
To Carriage | 500
By Sales | 5,65,000
By Commission | 28,250
---------------------------------|
Total | 5,65,000
plaintext
Commission Account (in the books of Mr. Menontlo)
Particulars | Amount (Rs)
---------------------------------|--------------
To Mehro Account | 28,250
By Profit and Loss Account | 28,250
---------------------------------|
Total | 28,250
Conclusion
The above accounts illustrate the financial transactions and commission entitlements from the consignment made by Mr. Menontlo to Mehro, ensuring clarity on costs, sales, and commissions.
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01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.?
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01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.?.
Solutions for 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? defined & explained in the simplest way possible. Besides giving the explanation of 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.?, a detailed solution for 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? has been provided alongside types of 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? theory, EduRev gives you an ample number of questions to practice 01. Mr. Menontlo. Aurangabad consigned to Mehro of Jalna soo rodio sets casting Rs 450 each. They paid freight As 2,5001-. Insurance Rs 5001- sunday expenses ses 83 3001- Mehra took delivery of goods by paying clearing charges. Rs 7001-4 Carriage Rs 500%. Me mohon drew three month bill of RS 1,00,0001-. Mehro cold 300 sets at Rs 600 each and remaining foco sets at is 550 er4 Mehra is entitled to a commission of 5% on sales. show mebro Account and cargament Arcant in the books of Mr. Menon go.? tests, examples and also practice UPSC tests.
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