| 1 |
Over riding commission is calculated on. |
- A. Cash sales only
- B. Credit sales only
- C. Total sales
- D. None of the above
|
| 2 |
Account salesis submitted by. |
- A. Teh consignor to the consignee
- B. The consignee to the consignor
- C. the debtor to the creditors
- D. The principle to his agent
|
| 3 |
In case of del creder commission the liability of bad debts is on |
- A. Consignee
- B. Consignor
- C. Both on consignee and consignor
- D. None of the above
|
| 4 |
Dell creder commission is calculated on. |
- A. Total sales
- B. Cash sales
- C. Credit sales
- D. None of these
|
| 5 |
In the books of consignor, the loss on the consignment should be crediterd to. |
- A. Consignment account
- B. Consigneee 's account
- C. Profit and loss account
- D. Gppds sent on consignemnt
|
| 6 |
The expense incurred by the oconsignee in connection with the sale of the consignment goods are debited to. |
- A. Consignment account
- B. Cash account
- C. Consignor account
- D. None of these
|
| 7 |
For the commission due to the consignee on the sales of goods in the books of the consignor will be credited to. |
- A. Commission account
- B. Consignee's personal account
- C. Consignement account
- D. None of these
|
| 8 |
Consignee is. |
- A. A principal
- B. An agent
- C. A debtor
- D. A creditor
|
| 9 |
The person who sends the goods to his agent for the purpose of sale is called. |
- A. Consignor
- B. Consignee
- C. Debtor
- D. Creditor
|
| 10 |
the loss whihc arises due to natural causes such as evaporation etc is called. |
- A. Abnormal loss
- B. Normal loss
- C. Additional loss
- D. None of these
|
