How do you treat bad debts when del credere commission is given and when it is not given
Answers
Answered by
3
Answer:
when del credere commission is given to consignee then bad debts will be the expenses of consignee himself and not to be recorded in consignment ac. but if it is not given to consignee then it is consignors expenses and shall be recorded in the debit side of consignment ac.
Answered by
0
Answer:
Accounting standards are authoritative standards for financial reporting and are the primary source of generally accepted accounting principles (GAAP).
Explanation:
Similar questions