31. A purchased goods costing RQ.2, 0,000. B sold the goods for Rs 2,80,000. Unused...
60.1K
Verified Solution
Link Copied!
Question
Accounting
31. A purchased goods costing RQ.2, 0,000. B sold the goods for Rs 2,80,000. Unused material costing Rs 10,000 taken aver by Aat RD.8,000. A is entitled to get 1% commission on purchase. is entitled to get 2% commission on sales. Profit sharing ratio equal. A's share of profit on venture will be
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!