Accountancy, asked by abuzar69, 3 months ago

balance of consingment account indicates

Answers

Answered by vikashpatnaik2009

Answer:

Consignment account is a nominal account which debits all expenses and losses and credits all incomes and gains relating to a particular consignment. So the balance of consignment account shows profit or loss from that consignment.

Previous Question

Next Question

Similar questions

Hindi, 1 month ago

जून्या कापडाचे दोन बनवल्या ल्या वस्तू लिहा...

Computer Science, 1 month ago

2. There are many atomic models a) Who proposed nuclear model of atom. (1) b) Give one limitation of the above model.

Math, 1 month ago

find the sum of first six multiple of 5...

Computer Science, 3 months ago

Q.2 The conceptual map helps in Forming a colorful diagram of the model Proposing a conceptual model Helps in statistical analysis of the model...

Hindi, 3 months ago

निम्नलिखित शब्दों के विशेषण बनाइए। 2 खेलना...

Social Sciences, 10 months ago

Make a list on all the countries which are located on tropic of Cancer and tropic of Capricorn and equator...

Social Sciences, 10 months ago

the lowest minimum temperature is _____ it cannot go below 2 hottest places and 3 coldest places .

Hindi, 10 months ago

A machine produces53,575 erasers a day. How many erasers were produced in February 2016?

balance of consingment account indicates​

Answers

balance of consingment account indicates