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    Merlin_Paul's Avatar
    Merlin_Paul Posts: 14, Reputation: 6
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    #1

    Mar 14, 2011, 05:36 AM
    Prepare ledger accounts
    A of Ahmedabad consigned goods to B of Mumbai for sale at performa invoice price or over. B is entitled to have commission on sale at 5% on performa invoice price and 25%
    Of any surplus realized. Goods consigned by A to B during the year 2008, costs A
    Rs. 20, 900 and invoiced at Rs. 28, 400. A paid Rs. 1,045 as freight and received
    Rs. 15, 000 as advanced from B. 80% of the goods were sold by B for Rs. 26, 000.
    B remitted the balance of proceeds after deducting the commission. Prepare necessary
    Ledger accounts in the books of A.
    kcomissiong's Avatar
    kcomissiong Posts: 1,166, Reputation: 276
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    #2

    Apr 7, 2011, 07:26 AM
    Please attempt your OWN assignment, and show us where you went wrong and then we can help you. We do not do homework assignments here.
    Merlin_Paul's Avatar
    Merlin_Paul Posts: 14, Reputation: 6
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    #3

    Apr 8, 2011, 02:26 AM
    Oh really? I am so sorry. I didn't know that. By the way thanks for the advice!
    Merlin_Paul's Avatar
    Merlin_Paul Posts: 14, Reputation: 6
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    #4

    Apr 8, 2011, 02:27 AM
    Comment on kcomissiong's post
    Oh really? I am so sorry. I didn't know that. By the way thanks for the advice!
    kcomissiong's Avatar
    kcomissiong Posts: 1,166, Reputation: 276
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    #5

    Apr 8, 2011, 06:10 AM
    Well, here is some helpful advice... giving a poor rating when someone refuses to do your homework is in violation of the ratings policy of this site and can get you kicked off.
    Merlin_Paul's Avatar
    Merlin_Paul Posts: 14, Reputation: 6
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    #6

    Apr 8, 2011, 06:33 AM
    Comment on kcomissiong's post
    Thank u sooooo much :)
    kcomissiong's Avatar
    kcomissiong Posts: 1,166, Reputation: 276
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    #7

    Apr 8, 2011, 06:40 AM
    If you can submit your assignment, and show us where you are struggling, we can point you in the right direction, or correct where your formulas are wrong.
    Unknown008's Avatar
    Unknown008 Posts: 8,076, Reputation: 723
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    #8

    Apr 8, 2011, 08:35 AM

    If you have time to read and answer other people's questions, could you at least say where you are stuck, what are you having problems with, or post what you've got so far?

    And a link to the rules, just as a reminder:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
    akumarsinha5's Avatar
    akumarsinha5 Posts: 1, Reputation: 1
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    #9

    Apr 11, 2011, 08:03 PM
    A of Ahmedabad consigned goods to B of Mumbai for sale at performa invoice price or over. B is entitled to have commission on sale at 5% on performa invoice price and 25%
    Of any surplus realized. Goods consigned by A to B during the year 2008, costs A
    Rs. 20, 900 and invoiced at Rs. 28, 400. A paid Rs. 1,045 as freight and received
    Rs. 15, 000 as advanced from B. 80% of the goods were sold by B for Rs. 26, 000.
    B remitted the balance of proceeds after deducting the commission. Prepare necessary
    Ledger accounts in the books of A. (20)


    Solution: Coming soon …
    THUNDER_ROCK's Avatar
    THUNDER_ROCK Posts: 1, Reputation: 1
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    #10

    Sep 26, 2011, 01:54 PM
    Solve your assignments yourself don't waste time here
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