Classwork Series and Exercises {Financial Account – SS1}: Consignment Account

Financial Accounting, SS 1, Week 4 Topic: Consignment Account Contents Meaning of Consignment Account Pro forma invoice Agent's commission Entries in the book of the consignor Meaning of Consignment Accounts Consignment accounts are concerned with goods sent to an agent who will sell the goods on behalf of his principal. In many cases the goods [...]