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H. Ltd. forwarded on 1st December, 2011, 50 pressure cookers to Kabir Enterprise of Mymensingh to be sold on behalf of H. Lid. The invoice price was Tk. 1,600 adding 20% on Cost. H. Ltd. incurred Tk. 2,000 on freight and insurance. Kabir enterprise received the consignment on 14th December, 2011. Kabir enterprise paid TK 1,050 as rent and Tk. 250 as insurance and by 31st March had disposed of 40 pressure cookers at TK. 1,640 each. Kabir enterprise is entitled to a commission of 5 per cent on sales including a del credere commission of 1% and remitted all the balance due to them by bank draft. You are required to:
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