Accountancy, asked by reddy4, 1 year ago

(a) Name items which are recorded at the invoice price in the Consignment Account. Give reasons for consigning the goods at the invoice pric

Answers

Answered by Anonymous
2
(i) opening stock (ii) goods sent on consignment (iii) goods returned by the consignee (iv) closing stock

Please mark it brainiest answer......................

Bharat Mata Ki Jai.......................................

Anonymous: Please mark it brainiest answer.
reddy4: and what about the reason?
reddy4: vande matram .
Anonymous: 1. Consignment stock at the beginning2. Goods sent on consignment3. Goods returned by the consignee4. Consignment stock at the end of the period It is a cost-effective method of pricing with onus of cost for storage and transport or handling - upon the immediate purchaser or the end-user. Maximize profit at the new sale price for old stock and thereby have fresh inventory in the seller's warehouse which normally fetch or attract customers in general.
Anonymous: vande matram
reddy4: Think you so much.
Anonymous: mention not
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