consignment accounting invoice problem answer
Answers
Answered by
0
Answer:
In problem solving and some times in manual accounting, stock reserve is shown as a deduction from the Stock on Consignment on the assets side of the balance ...
Explanation:
Answered by
0
Answer:
The Consignor, instead of sending the goods on consignment at cost price, may send it at a price higher than the cost price. This price is known as Invoice Price or Selling Price. The difference between the cost price and the invoice price of goods is known as loading or the higher price over the cost.
Explanation:
Similar questions