Doran & Co. invoiced them at cost, i.e., a bill upon S. Ghiya for their bankers for Co. of Kolkata, consigned 500 boxes of canned goods to S. Ghiya of Indore, on 9th September, 75 per box. They paid freight 1,200 and insurance 600, and drew 30,000 at two months' date which they discounted on 15th September with 29,700. The bill was duly met at maturity. On 31st December, Doran & Co. received an account sales showing that the goods were sold for *200 and warehousing to 60,000 deducted and a banker's draft for the balance was enclosed. Co. received, and that landing and cartage expenses 300. Commission at 5% on gross sale proceeds had been. Show the necessary ledger accounts in the books of both consignor and consignee. |||