Consignee becomes a debtor of the consignor when
A) The goods are despatched
B) The goods are received
C) The goods are sold
D) All of the above
Correct Answer:
Verified
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
Q25: Del credere commission is given when the
Q26: No journal entry is required to be
Q27: Consignee account is in the nature of
A)Personal
Q28: Joint venture account is in the nature
Q29: A joint venture is a
A)A general partnership
B)A
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