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 about delivery expense, Q. Explain about delivery expense? When...

Q. Explain about delivery expense? When shipping goods FOB destination freight prepaid the seller is accountable for and pays the freight bill. For the reason that the seller c

Cost of capital, Provide an argument for including or not including current...

Provide an argument for including or not including current liabilities in the cost of capital calculation

Business transactions and the accounting equation, Business transactions an...

Business transactions and the accounting equation A transaction is any activity which changes the value of a firm's assets, liabilities or owner's equity. Every transaction

Explain about the recording purchases, Explain about the RECORDING PURCHASE...

Explain about the RECORDING PURCHASES Source document for recording a purchase of merchandise is purchase invoice. o An instance of a transaction of purchasing merchandise

Explain business entity concept, Q. Explain business entity concept? Su...

Q. Explain business entity concept? Suppose for instance that you own two businesses 1) a physical fitness centre and 2) a horse stable. As per to the business entity concept y

Define tds and sale tax retrun?, TDS (tax deducted at sources) .The person ...

TDS (tax deducted at sources) .The person whereas making payments of income,covered by the scheme are responsible to deducted TDS and deposite the similar in goverment treasury  wi

CIS 180, Start in cell E3. Complete the series of substitution values rangi...

Start in cell E3. Complete the series of substitution values ranging from 5 to 15 at increments of 1, vertically down column E.

Accounting Standards, Write short notes on 5 modern accounting techniques

Write short notes on 5 modern accounting techniques

Determine the concept of closing entries, Determine the concept of Closing ...

Determine the concept of Closing entries-(REID) 1)  Close Sales account and other income statement accounts with credit balances to Income Summary. 2)  Close each expense ac

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