Consignment

Accountancy

Sir when the goods are sent on "to pay" then should we treat them as consignors expense or consignee's expense??

Soumya A

CA Inter

★ 20K+

12-Dec-21 02:17

521

Answers (4)

Consignee

CA Suraj Lakhotia

Admin

12-Dec-21 05:37

CA Suraj Lakhotia Admin

Consignee

thanks sir same doubt clarified

Bala Chandar

CA Final

★ 5K+

12-Dec-21 06:57

sir when the goods are lost during the transit we include only consignors expense... But in this question even the freight has been included for calculating the abnormal loss

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Thread Starter

Soumya A

CA Inter

★ 20K+

12-Dec-21 12:21

Thread Starter

Soumya A

sir when the goods are lost during the transit we include only consignors expense... But in this question even the freight has been included for calculating the abnormal loss

That's because even if the consignee pays freight , the expense is related to consignor. So it is like consignee paying expense on behalf of consignor. So as it is consignor's expense, we add it ( to-pay freight ) in transit.

Nithish Kamath

CA Final

★ 4K+

12-Dec-21 15:02