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MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. 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 MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. 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 MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. Can you explain this answer?.

Solutions for MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. 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 MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice MN of Mumbai sent out goods costing Rs.4,00,000 to QR of Delhi on consignment basis. Consignee is paid an ordinary commission of 2% and a delcredere commission of 3% on sales. The entire goods were sold by consignee for Rs.5,00,000. However, the consignee could recover Rs.4,92,000 from the trade receivables. In the books of consignee, the commission to be transferred to Profit & Loss A/c will be____a)Rs.25,000b)Rs.l7,000c)Rs.20,000d)Rs.33,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.