A periodic statement furnished by the consignee to consignor is __________ *
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I hope it is helpful u
Explanation:
Account Sales
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The statement is Account sales.
- It's an official declaration that a consignee properly prepares and sends to the consignor on a regular basis.
- This statement includes information on revenue both the cash or credit along with expenses incurred, commission outstanding, products lost in transit, and advance remitted.
- The information serves as a necessary foundation for consignor to properly account for the specific transactions typically occuring at the consignee's end.
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