| 1 |
The consignee acts entirely on behalf of the |
- A. Debtors
- B. Creditors
- C. Customer
- D. Principal or consignor
|
| 2 |
In the books of consignee the sale of goods by the consigee credited to. |
- A. Sales account
- B. Consignor account
- C. Consignee's account
- D. None of these
|
| 3 |
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
|
| 4 |
Consignee is. |
- A. A principal
- B. An agent
- C. A debtor
- D. A creditor
|
| 5 |
Consignee account is of the natur eof. |
- A. Personal account
- B. Nominal account
- C. Real account
- D. None of these
|
| 6 |
In the books of consignor on reciving advance in cash from consignee should be debited to. |
- A. Cash account
- B. Consignee account
- C. Consignment account
- D. None of these
|
| 7 |
Dell creder commission is calculated on. |
- A. Total sales
- B. Cash sales
- C. Credit sales
- D. None of these
|
| 8 |
Goods sent on consignment should be debited int he books of the consignor. |
- A. Consignee account
- B. Consignment account
- C. Goods sen ton consignment
- D. Consignor account
|
| 9 |
In consignment , the remuneration allowd to consignee for selling the goods of the consignor, is termed as. |
- A. Salary
- B. Wages
- C. Profit
- D. Commission
|
| 10 |
In consignmetn all the expenses either paid by the consiger himself or by the consignee are born by the. |
- A. Consignor
- B. purchaser
- C. Consignee
- D. None of these
|
