What is Consigement stock & which accounting entries are
posted at the time of GR?
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Answer Posted / venkatesh kumar
At the time of issue
consignment payable A/c Credit
Material Consumption A/C Debit
At the time of settlement
Vendor A/C Credit
Consignment Payables Debit
| Is This Answer Correct ? | 18 Yes | 2 No |
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