Accountancy, asked by atulbais91, 1 month ago

any stock remaining unsold with the consignee belong to consignor ture or false​

Answers

Answered by ITISNISHANT07
0

Answer:

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Venu: Suppandi,what are you doing standing all alone here

Suppandi: Uncle I am trying to win a Nobel Prize

Venu: How will standing in my rice field help you win a Nobel.

Suppandi:Because that how it's won. I have heard that the people who were won the nobel prize was all outstanding in various field .

Venu:Oh

please it's urgent

Answered by boyarevulavarsha
0

If all the goods are not sold by the Consignee within the accounting period, then the unsold stock is brought into account by the Consignor. As usual, the unsold stock in the hands of the consignee should be valued on cost price or market price whichever is less.

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