Consignment Account

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62 Points Joined March 2018
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. :(
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On 30 May 2018 at 13:38 Report
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teaching
2046 Points Joined February 2009
consignment account is a capital nature of account.
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On 30 May 2018 at 21:13
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62 Points Joined March 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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On 30 May 2018 at 21:28


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