Consignment problems and solutions in English for inter
Автор: V ANJANEYA KUMAR
Загружено: 2020-10-29
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Consignment problems and solutions in English for inter
Problem no 1: Manasa consigned goods value of Rs 60,000 to Suhas. Manasa paid transport charges Rs 4,000. Suhas sent the account sales of consignment stating that the entire stock was sold for Rs 75,000. He paid Rs. 2,000 for cartage. He is entitled commission of Rs 3,000. He sent bank draft for the balance. Write journal entries in the books of both the parties.
Also watch the following videos:
Consignment accounts: part 1 :
• consignment (PART 1) introduction, basic t...
Consignment accounts: part 2 :
• consignment (PART 2) preparation of accoun...
Consignment accounts: part 3 :
• consignment PART 3 preparation of accounts...
Consignment accounts: part 4 :
• consignment PART 4 valuation of unsold sto...
Consignment accounts: part 5 :
• consignment PART 5 valuation of unsold sto...
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