Account sales is submitted by:
(a) (b) )
(c) (d)
Consignor
Consignee
Principal to his agent
Debtor to credit
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Answer:
Account sale is submitted by the consignee to the consignor
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Consignee submits the account sale to consigner at regular intervals.
Account sales refer to a statement that specifies the price of goods to be sold, the commission to be earned. The details provided in the account sale form the basis for the consigner that takes from the consignee’s end. The relation of consigner and consignee is going on till they wish to. Account sales is not a part of the formal accounting system of record. Also, there is no proper or specific format required for the processing account sales.
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