Difference between consignor and consignee, Accounting Basics

Assignment Help:

Consignor is the person who is the holder of the goods and who distribute the goods to the consignee.

Consignee is the person who takes the goods and he just possesses the goods and not the holder.

Related Discussions:- Difference between consignor and consignee

What is accounts receivable, Q. What is Accounts receivable? Accounts r...

Q. What is Accounts receivable? Accounts receivable as well called trade accounts receivable are amounts owed to a business by customers. An account receivable occurs when a co

Contract Account, contractee account is it an assets account or expenses Ac...

contractee account is it an assets account or expenses Account

Ratios and Analysis, Your report must include at a minimum the following it...

Your report must include at a minimum the following items. 1. Calculate the following ratios based on the 2011 financial statement: * Current ratio * Quick ratio * Total asset

Neutrality of accounting information, Q. Neutrality of accounting informati...

Q. Neutrality of accounting information? The Neutrality signifies that the accounting information must be free of measurement method bias. The primary concern must be relevance

Starting inventory and net cost of purchases, Q. Starting inventory and net...

Q. Starting inventory and net cost of purchases? Hanlon's start inventory (USD 24000) plus net cost of purchases (USD 166000) is equivalent to cost of goods available for sale

Prepare a statement of financial position, Brown sole trader Brown has ...

Brown sole trader Brown has been in business for some years and has kept her drawings slightly below the level of profits each year. You are her accountant, and she has passed

Inventory or incidental cost, While perusing medical practice, is the cost ...

While perusing medical practice, is the cost of supplies, for patients on site, considered as an inventory, or an incidental cost? With 2 million in sales the chemotherapy medicine

Case Study Labor standards, Case Study Labor standards Geet...

Case Study Labor standards Geeta & Company has experienced increased production costs. The primary area of concern identified by management is direct labor. The compa

Survey of accounting.., norman co borrows $15,000 with a 8%interest 38,000 ...

norman co borrows $15,000 with a 8%interest 38,000 account receivable paid $26,000 salary

Cost sheet-orientation, Cost sheet is sheet Where all the cost should be re...

Cost sheet is sheet Where all the cost should be recorded which related to the produc.

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages