Question

discuss the journal entries in consignment accounting??​

Answer 1

answer :-

Accounting Entries in books of Consignee. There are no entries passed in the books of the consignee for the consignment of goods sent by the consignee and also for any expenses incurred by the consignor. In the case where he is allowed del-credere commission, bad debts are borne by him and not the consignor.