Goods sent on consignment should be debited by consignor to:
A) Consignment A/c
B) Goods Sent on Consignment A/c
C) Consignee's A/c
D) Consignor's A/c
Correct Answer:
Verified
Q3: Income and expenditure Account shows a balance
Q4: A heavy balance in the Receipts and
Q5: A heavy balance in the Income and
Q6: The main source of income for non
Q7: Opening balance of Receipts and Payments accounts
Q9: In the books of consignor the balance
Q10: The consignor is:
A)Principal
B)Agent
C)Debtor
D)None of the above
Q11: Account Sales is submitted by:
A)Consignor
B)Consignee
C)Principal to his
Q12: Joint Venture is of the nature of:
A)Personal
Q13: Which of the following is not a
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