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Hi guys in the last video we have seen the introduction of consignment accounts okay now in this video we are going to solve a problem on consignment okay here it is said that Mahesh of Mumbai consigned goods of the cost of rupees 20,000 to Balaram of Bangalore okay so Mahesh has sent goods to Balaram of costing rupees 20,000 okay so Mahesh is the consignor and balaram is the consignee okay then it is said the consignor pays freight of Rs.1000 and insurance of Rs.500 okay so Mahesh has incurred some expenses to send the goods to the consignee okay and received an advance of Rs.10,000 by cheque from Balaram okay so Balaram has paid an advance to Mahesh of 10,000 okay alright then it is said the consignee paid carriage of Rs.300 and octroi of the Rs.200 okay so Balaram also has incurred some expenses to receive the goods okay then it is said he sold all the goods for Rs.30,000 Rs.30,000 and sent an account sales okay so he sold the goods he sold all the goods okay and sent an account s
