IndigoLearn

Forums

Back

Consignment

Accountancy

Consignment to way a/c ......Dr. To goods sent on consignment.....why this account is credited . it is neither liability or income

Shreesha .T.u

CA Foundation

★ 2K+

12-Apr-21 20:08

552

Answers (2)

Since our stock(asset) is reduced by consignment

Abhishek Purohit

CA Inter

★ 10K+

12-Apr-21 21:38

Pls refer to the explanation given in videos.

CA Suraj Lakhotia

Admin

13-Apr-21 19:21