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Consignment
Accountancy
What type of account is Goods sent on consignment?
Answers (7)
CA Suraj Lakhotia Admin
Nominal.
Sir But why do we credit it on the journal entry Consignment a/c dr To Goods sent on consignment a/c
Thread Starter
krithika baluSir But why do we credit it on the journal entry Consignment a/c dr To Goods sent on consignment a/c
Have you finished watching the video on consignment?
CA Suraj Lakhotia Admin
Have you finished watching the video on consignment?
No sir...i am in starting of consignment ledger
Thread Starter
krithika baluNo sir...i am in starting of consignment ledger
All the logics and reasons have been explained. ONce you finish the lectures, if you have doubt, feel free to ask.
