CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
159
You visited us 159 times! Enjoying our articles? Unlock Full Access!
Question

If Del credere commission is allowed to consignee the treatment of bad debt (in the books of Consignor) _________________.

A
will not be recorded in Consignor's books
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
will be debited in Consignor's A/c
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
will be charged to General P/L A/c
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
will be recoverable along with credit sales
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A will not be recorded in Consignor's books
There are no entries passed in the books of the consignee for the consignment of goods sent by the consignee and also for any expenses incurred by the consignor.
In the case where he is allowed del-credere commission, bad debts are borne by him and not the consignor.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
What is a Debenture?
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon