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what is consignment entry?
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Answer / sukanta das
Consignment is a type of business who send the goods is
known as consignor & the receiver is known as consignee.
This transaction is called consignment.
| Is This Answer Correct ? | 72 Yes | 7 No |
Answer / guest
Consignment entries are those which are accounted by the
consignor and the consignee for their transaction.
| Is This Answer Correct ? | 35 Yes | 5 No |
Answer / nuhad ahsan qadri
CONSIGNMENT ENTRY,
effect on two role no.1 and 2 personal and real ... in consignor books entry,
Consignee A/c Dr
to goods sent on consignment A/c Cr
thanks
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / jatinder makker
when the consignor send goods to consinee then both party make entry in their books is known as consignment entry
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / prasad
a)When Goods are sent on Consignment
In Consignor Books
Consignee A/c Dr
Consignment Sales A/c Cr
When Amount received against Consignment Sales
Cash/Bank A/c Dr
Consignee A/c Cr
At End of the Year
Unsold Stock at consignee to be considered in Consignor
books as closing Stock under current assets
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / shyam rama
CONSIGNEE IS A ON BEHALF OUR GOODS SALES FROM THEIR
LOCATION. AND IT IS MUST BE WHO PRICE GOODS SEND TO
CONSIGNOR SAME PRICE TO SALE ONTHER PARTY.
| Is This Answer Correct ? | 8 Yes | 6 No |
Answer / srinivas
Consignment is a type of business who send the goods is
known as consignor & the receiver is known as consignee.
This transaction is called consignment.
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / paramesh
consignment business the one off the agreement between consinee &Consinor the consinor goods sent to consinee
consinee a/c dr
to goods a/c
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / konda suresh
consignee A/C DR.
TO googs sent on consignment A/C CR.
| Is This Answer Correct ? | 3 Yes | 2 No |
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