Difference between consignor and consignee, Accounting Basics

Assignment Help:

Consignor is the person who is the holder of the goods and who distribute the goods to the consignee.

Consignee is the person who takes the goods and he just possesses the goods and not the holder.

 


Related Discussions:- Difference between consignor and consignee

Explain the scope of accounting standards, Fundamental of Accounting 1....

Fundamental of Accounting 1. Explain the concept of accrued income with the help of an example. 2. Explain the five disadvantages of Single Entry System? 3. Explain the s

Trade receivables owe, Read it once and answer, if The following items appe...

Read it once and answer, if The following items appear on a balance sheet.   $   Inventory balance at bank cash in hand trade

Recording transactions in a 2 columns journal, began his business with equi...

began his business with equipment valued at $40,000 and place $400,000 in the business checking account. what are the accounts affected?

What are accounting software packages, Q. What are Accounting software pack...

Q. What are Accounting software packages? Accounting software packages are normally menu driven and organized into modules such as accounts payable, general ledger, accounts re

STATEMENT OF CASH FLOW, #2, The comparative balance sheets and income state...

#2, The comparative balance sheets and income statements of Worsley Ltd are shown below. Worsley Ltd. Statement of Financial Position as at December 31 Current Assets 20x3

Determine statement that indicate manufacturing diversity, Examine each of ...

Examine each of the items listed below to determine which items include statements that 3) would indicate that manufacturing diversity exists. Required: Label the items that inc

Trading profit & loss, trial balance as at may 31 19*6 ...

trial balance as at may 31 19*6 dr cr sales 400000 purchases 350000 sales return 5000 purchases return

Why we need book value, Q. Why we need book value? Book value -- total ...

Q. Why we need book value? Book value -- total assets minus total liabilities. Book value also meansvalue of an asset as recorded on the company's financial reports or books. B

Treatment in accounts, Assume in Balance sheet Furniture is given @ rs.1200...

Assume in Balance sheet Furniture is given @ rs.1200000. and an adjustment tells that half of the building is used for residential purpose... then what is treatment in accounts?

Eco-02, define accounting.Briefly explain the accounting concepts which gui...

define accounting.Briefly explain the accounting concepts which guide the accountant at the recording stage.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd