Challenger App

No.1 PSC Learning App

1M+ Downloads
In consignment accounting, if discount is treated as "Consignment expenses" It is debited to ---.

ADebtors a/c

BGoods a/c

CConsignment a/c

DCash a/c

Answer:

C. Consignment a/c

Read Explanation:

.


Related Questions:

The source document for purchase is ---.
A periodic statement furnished by the consignee to consignor is ---.
The source document provide information about nature of --- involved in it.
Cash paid to Neha Rs. 2,000 was not posted to her account. This is an error of ---.
Rajan purchased goods for Rs. 1518 and the trader allowed a discount of Rs. 18 at the time of purchase. Identify the type of discount