How to treat company managers personal expenses met by
company if he is not taking salary from company and in
future salary will be payable after deducting all personal
expenses (salary amt will be decided only at paying year).
pass journal entries
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Which of the following statement is not true: (a) If del-creder’s commission is allowed, bad debt will not be recorded in the books of consignor (b) If del-creder’s commission is allowed, bad debt will be debited in consignment account (c) Del-creder’s commission is allowed by consignor to consignee (d) Del-creder’s commission is generally relevant for credit sales
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