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Consignment

Accountancy

What is sale proceeds??


Prathmesh kharul

Prathmesh kharul

CA Foundation

★ 3K+

03-Sep-22 11:49

555

Answers (6)

Cash collected against sales made.


Jitendra Kumar

Jitendra Kumar

CA Final

★ 41K+

03-Sep-22 11:55

Including the cash sale proceeds from the sale transaction


Vignesh Psv

Vignesh Psv

CA Foundation

★ 8K+

03-Sep-22 12:17

Consignment is an arrangement in which goods are left with a third party to sell. The party that sells the goods on consignment receives a portion of the profits, either as a flat rate fee or commission. Selling via a consignment arrangement can be a low-commission, low-time-investment way of selling items or services


Balachandar S

Balachandar S

CA Inter

★ 59K+

03-Sep-22 13:27

Cash recieved form sales


Jaswanth P

Jaswanth P

CA Inter

★ 3K+

03-Sep-22 17:24

Proceeds refers to the cash received from the sale of goods or assets during a particular period. The total is obtained by multiplying the quantities sold by the selling price per unit.


Aman singh

Aman singh

CA Foundation

★ 345

03-Sep-22 22:33

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