Goods sent on consignment account is of the nature of

Related MCQs

• Which of the following term is applicable about consignment?
• The Consignment Accounting is made on the following basis
• Del Credere Commission in consignment business is generally payable on
• The abnormal loss on consignment is credited to:
• X of Delhi send out certain goods at cost + 25% of cost. Invoice value of goods is 1,20,000. 4/5th of the goods were sold by consignee at 1,00,000. Commission @ 2% up to invoice value and 10% of any surplus above invoice. The amount of commission will be
• A purchased goods costing 2,60,000 for joint venture with B. B sold a major part of the goods at cost plus 25% on cost, for 2,50,000. Balance of goods were taken over by B at cost less 10%. Find out profit/loss on Joint Venture.
• Goods of the invoice value of 2,40,000 sent out to consignee at 20% profit on cost, the loading amount will be
• A ………………. Is sent to a customer when he returns the goods
• What is the nature of joint venture with co-venture account?
• Joint venture account is of the nature of