In accounting consignment means
A) Goods forwarded from one place to another.
B) Goods forwarded by a person to another.
C) Goods sent by its owner to his agent.
D) Goods sent by its owner to his agent for the purpose by sale.
Correct Answer:
Verified
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
Q14: Which of these accounts are not opened
Q15: Profit or loss on joint venture business
Q17: The consignor is
A)Principal
B)Agent
C)Debtor
D)None of them
Q18: In the books of consignor, the expenses
Q19: In the books of consignor, the balance
Q20: Joint venture account is a
A)Personal account
B)Real account
C)Nominal
Q21: In case of Memorandum Method, when there
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