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Question

Consignment a/c is prepared by ___________.

A
Consignee
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B
Consignor
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C
Seller
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D
Agent
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Solution

The correct option is B Consignor
The consignor prepares the consignment Account, the Goods Sent on Consignment Account and the Consignee's Account in his books, whereas the consignee prepares the Consignor's Account and the Commission Account in his books.

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