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INTERVIEW QUESTIONS FINANCIAL ACCOUNT CONSIGNMENT ACCOUNT DETAILS

Question: Give the journal entry in the books of consignee on commission being earned.

Answer: Consignor's Personal A/C Dr xxx
To Commission A/C xxx

Category Consignment Account Interview Questions & Answers - Exam Mode / Learning Mode
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Question: Give the journal entry in the books of consignee on commission being earned.

Answer:

Consignor's Personal A/C Dr xxx
To Commission A/C xxx
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