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19 views1 page

New Microsoft Word Document

Uploaded by

akshatsai10
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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M/s UC bought 1000 units @ 40 each, out of which 120 units were in transit as on

31/03. & Sent 200 Units to TRYT at Invoice Price of 55each, at Freight of 6000 on To Pay
Basis.

UC sold 495 units at 55 from its own premise, out of which 95 units were sold on SOGA
basis. & 70 units were in transit as on 31/03. Also 35 units were lost from UC’s shop.

TRYT received only 130 units, because 40 units were completely damaged in Transit, &
paid 3900 as clearance charges. TRYT sold 70 units @ 60each, out of which customer
received only 50units and 20 were in transit and incurred packing & selling exp of 4200.
On 31/03 physical count showed that only 45 units were held by Consignee.

Prepare in the Books of UC-


1) Trading A/c
2) Consignment A/c
3) P&L A/c
4) Balance Sheet
5) & TRYT’s A/c

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