To record credit sale- when del-credere commission is not given which of the following entry is passed in the books of Consignor-A-Consignment Debtors A-c -160- -160-To Consignment A-cDr-B-Consignee A-c -160- -160-To Consignment A-cDr-C-Consignment Debtors A-c -160- -160-To Consignee A-cDr-D- Consignment Debtors A-c -160- -160-To Sales A-cDr-ABCD

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Current Liabilities

To record cre...

Question

To record credit sale, when del-credere commission is not given which of the following entry is passed in the books of Consignor?
A.Consignment Debtors A/c
To Consignment A/c
Dr.
B.Consignee A/c
To Consignment A/c
Dr.
C.Consignment Debtors A/c
To Consignee A/c
Dr.
D. Consignment Debtors A/c
To Sales A/c
Dr.

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Solution

Suggest Corrections

A. Consignment Debtors A/c To Consignor A/c	Dr.
B. Consignor A/c To Sales A/c	Dr.
C. Sales A/c To Consignment Debtors A/c	Dr.
D. No entry is required to be passed.

A. Bad Debts A/c To Consignment Debtors A/c	Dr.
B. Bad Debts A/c To Profit & Loss A/c	Dr.
C. Bad Debts A/c To Consignee A/c	Dr.
D. No entry is required to be passed

A.Consignment Debtors A/c To Consignment A/c	Dr.
B.Consignee A/c To Consignment A/c	Dr.
C.Consignment Debtors A/c To Consignee A/c	Dr.
D. Consignment Debtors A/c To Sales A/c	Dr.

A. Consignment A/c To Commission A/c	Dr.
B. Consignment A/c To Consignor A/c	Dr.
C. Commission A/c To Consignment A/c	Dr.
D. Consignor A/c To Commission A/c	Dr.

A. Consignor A/c To Cash & Bank A/c	Dr.
B. Cash & Bank A/c To Consignee A/c	Dr.
C. Cash & Bank A/c To Consignor A/c	Dr.
D. Consignment A/c To Cash & Bank A/c	Dr.

A. Consignment Stock A/c To Stock Reserve A/c	Dr.
B. Consignment A/c To Stock Reserve A/c	Dr.
C. Stock Reserve A/c To Consignment A/c	Dr.
D. Stock Reserve A/c To Consignment Stock A/c	Dr.