9. Star electronics consigns 500 transistors to

Moon electronics on consignment basis on

1-1-2011 @ ` 60 per unit with instructions to

sell them @ ` 100 per unit. Star electronics

incurred a cost of ` 1,100 towards freights

etc. On 31-3-2011, Moon electronics remitted

` 35,550 to Star electronics in full settlement

to date. The moon electronics deducted a

commission of ` 10 per unit sold and ` 450

for delivering the transistors sold.

Prepare relevant accounts in the books of both

the parties. 15