QUESTION NO.1(A): On July 1, 2016 A had consigned to B goods costing ~ 50,000, on which A paid freight and insurance amounting to ~ 2,500. On September 30, 2016, Bs first Account Sales was received, showing that he had effected sales for ~ 32,000 of which ~ 30,000 had been received in cash. His expenses to date were ~ 2,000 and commission 5% on gross sales. On receipt of the Account Sales the Consignment Account was balanced off, stock being valued at ~ 28,000. A further Account Sales was received on December 31, 2016 showing that the balance of the goods had been sold for ~ 36,000 and the cash collected. Debtors had also paid their dues less discount of 3%. The expenses of B were ~ 2,500. The rate of his commission was the same as before. Write up the Consignment Account and B Account up to December 31, in the books of A

QUESTION NO.1(B) Assuming that B remitted the balance due with each Account Sales. Show it in the proper ledger