In the books of consignor, the expenses incurred by consignee should be debited to
A) Consignee A/c
B) Consignment A/c
C) Expenses A/c
D) Consignor's A/c
Correct Answer:
Verified
Q13: Which of the following is not a
Q14: Which of these accounts are not opened
Q15: Profit or loss on joint venture business
Q16: In accounting consignment means
A)Goods forwarded from one
Q17: The consignor is
A)Principal
B)Agent
C)Debtor
D)None of them
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
Q22: P and Q are partners sharing profit
Q23: When a complete set of books are
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