Accountancy, asked by saneshivani19, 1 year ago

how to calculate stock reserve in consignment account

Answers

Answered by guptashagun1465

9

Answer:

Explanation:

Subtract the contracted payment that you must give to the owner of each consignment item from the sales price for that item. Place the difference onto the line next to the listed piece of inventory. This difference is the profit from the sale of the item, and that item's specific inventory value to you.

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