Question

2 points
Which of the following
expenses should not be taken
into account while calculating
the value of stock on
consignment? *
​

Answer 1

Answer:

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Explanation:

Answer 2

Explanation:

Note: The selling and marketing expenses of $110 and warehouse rent of $125 paid by consignee have not been taken into account while determining the value of stock on consignment because these two expenses have been incurred after the goods have reached to the consignee's place or warehouse