Del credere commission is given when the consignee
A) Sells all the goods on credit
B) Gets no ordinary commission
C) Bears the loss of bad debts
D) None of the above
Correct Answer:
Verified
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
Q24: Consignee becomes a debtor of the consignor
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
Q30: Joint Bank account is
A)Not like a cash
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