In accounting consignment, signifies
A) Goods forwarded from one place to another
B) Goods forwarded by a person to another.
C) Goods despatched by its owner to its agent
D) Goods despatched by its owner to his agent for the purpose of sale.
Correct Answer:
Verified
Q1: In case of memorandum method when there
Q3: Goods sent on consignment should be debited
Q4: In the books of consignee the expenses
Q5: In the books of consignee the sale
Q6: The system of keeping accounts generally adopted
Q7: Goods are supplied by the head office
Q8: Under debtors system which account is prepared
Q9: Under debtors system depreciation on fixed asset
Q10: Independent Branch meant when separate account are
Q11: Branch which does not maintain its own
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