(5+5+ 10 = 20 Marks)(a) Raj of Gwalior consigned 15,000 kgs of Ghee at Rs. 30 per kg to his agent Siraj at Delhi. He spentRs. 5 per kg as freight and insurance for sending the Ghee at Delhi. On the way 100 kgs. of Gheewas lo

st due to the leakage (which is to be treated as normal loss) and 400 kgs. of Ghee wasdestroyed in transit. Rs. 9,000 was paid to consignor directly by the Insurance company asinsurance claim.Siraj sold 7,500 kgs. at Rs. 60 per kg. He spent Rs. 33,000 on advertisement and recurringexpenses.

(5+5+10=20 Marks)(a) Raj of Gwalior consigned 15,000 kgs of Ghee at Rs. 30 per kg to his agent Siraj at Delhi. He spentRs. 5 per kg as freight and insurance for sending the Ghee at Delhi. On the way 100kg. of Gheewas lost due to the leakage (which is to be treated as normal loss) and 400kgs. of Ghee wasdestroyed in transit. Rs. 9,000 was paid to consignor directly by the Insurance company asinsurance claim. Siraj sold 7,500 kgs. at Rs. 60 per kg. He spent Rs. 33,000 on advertisement and recurringexpenses