Classification of loss & Valuation of Abnormal loss


 

Pehli entry m Loss Consignment ki value kam karega isliye Consignment credit hua h
Second entry m claim accept hote hi Insurance company hamari Debtor ban jayegi


A of Delhi Consigned cycles 1000 cycles at the rate of Rs 150 per cycle to B of Gujarat. A paid Rs 10000 as carriage & 1500 as insurance B took the delivery & accepted a bill of exchange for
 Rs 50000 as on advance. B paid Rs 1530 as Octroi, 2000 as expense.  . B sold 800 cycles @ Rs 220 each & 150 cycles @ 560 each & 50 cycles @ 570 each & 100 units damaged in transit   B is entitled to a commission  of 5% on sale




100 units damage at transit so consignee expense does not come here


100 units damage at transit so 100 units deduct from 1000 units during valuation of unsold stock
Please Refer a book for proper practice & practice daily with every new concept with atleast 2 Question

Comments

Post a Comment

Popular posts from this blog

Consignment

Image
  Consignment Accounts Consignment  Concept A Delhi  m Business  karta h .A  ne 1 Agent  Appoint kar rakha h B jo Mumbai m Business karta h to A Principal h. B Agent h.  A delhi se goods send karega  B ko. B inko Sale kareinga  badle m B ko Kya milegi Commission is Chapter A ko Consignor boltein h, Consignor hota h, who semd the goods. B ko Consignee boltein h, Consignee hota h,  who sold goods on behalf of  Consignor.saara ka Risk A ka h,  Saarey Expense A k h, chaye Profit ya losss ho A bear karega.  is Shipment ko Consignment boltein h. ya fir Consignment matlab hota h 1 tarah se lots of goods  A, B ko Performa send karta h jisko boltein Account sales , Account Sales k iss parformein m sales hoti h, commission hoti h,  B k expenses hotein h aur Advance bhi hota h iss purey performey ko hi Account Sales boltein h A of Delhi sent 200 machines @ Rs of 500 each to B of mumbai.  A spent Rs 5000 as loading cha...
Read more

Consignment Account Format and Concept of Consignment in hindi

Image
Consignment Account Detail 1. Sabse Pehli Entry Goods sent on consignment ki aegi 2.Bhejne k expense to bank k naam se aayenge. 3.Consignee k expense consignee k naam se aayenge 4. Commission consignee k naam se aaegi. 5. Sale Consignee k naam se aaegi 6. agar Debit side ka balance jyada h to loss ya profit 7. ya fir Debit m all expense credit all income Consignee Account Detail 1. Sabse Pehli  Sabse pehle Sale wali Entry Niche aaegi  2. Fir Dr. Side se commission, expenses of consinee aaengey     consignment  k naam se 3. advanced aega bank/cash ya B/R k Naam se 4. Balancing figure bank k naam se aegi 5. ya fir Consignee Creditor h hamare liye Increase to Cr. Decrease to Dr. Goods sent on consignment Account ismein ek hi aegi, Upar goods sent on consignment h uska bhi Account ban jaega Now we will solve the Q.               A of Delhi Consigned cycles 1000 cycles at the rate of Rs 300            ...
Read more