Hello Everyone,
What kind of an account is a consignment account in the modern classification of accounts? I find it confusing to understand the idea behind it. :(
2 Replies
satish
(teaching)
(2046 Points)
Replied 30 May 2018
consignment account is a capital nature of account.
Adarsh Saji
(62 Points)
Replied 30 May 2018
Are you sure it's capital nature account, sir? I thought capital nature was only for the capital invested by the owners?
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