Ask Experts Questions for FREE Help !
Ask
    nitoo's Avatar
    nitoo Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 15, 2010, 03:15 AM
    Franchisee accounting consignment
    I am franchisee of ready made garments , received commission on the sales. I want to know the junral entry I shoud do for the stock received on consigment
    nitoo's Avatar
    nitoo Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Mar 15, 2010, 03:19 AM

    I am franchisee of readymade garments what entries should I do in my accounting books for -
    1- when I receive stock on consingment
    2- when I make sale
    3- when I receive commission
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounting Treatment for Consignment Stock [ 11 Answers ]

I want to know the accounting treatment for consignment stock. Please describe me the journal entries for a cyclus of transaction of consignment stock. Thanks.

View more questions Search