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1,000 toys consigned by Roy & Co. of Calcutta to T.Nu of Rangoon at an invoice cost of Rs 150 each. Roy& Co. paid freight Rs 10,000 and insurance Rs 1,500During the voyage 100 toys were totally damagedby fire and had to be thrown overboard. T. Nu tookdelivery of the remaining toys and paid Rs 14,400 ascustoms duty |
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Answer» Answer: value of CONSIGNMENT : rs 150000 consignor EXPENSES : rs 11500 value of loss in transit: 16150 value of loss in transit and unsold STOCK : 145350 |
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