Consignment Accounts

Chapter 3: Consignment Accounts (17 videos)   (Practice Test)

3.1: Introduction of Consignment Accounts(Practice Test)

1. Consignment Accounts
2. Important Terms used in Consignment Accounts
3. More on Important Terms used in Consignment Accounts

3.2: Accounting Treatments(Practice Test)

1. Journal Entries in the Books of Consignor
2. More on Journal Entries in the Books of Consignor
3. Ledger Accounts in the Books of Consignor
4. Journal Entries in the Books of Consignee
5. Ledger Accounts in the Books of Consignee

3.3: Adjustments(Practice Test)

1. Valuation of unsold Consignment Stock
2. Example: Valuation of unsold Consignment Stock
3. Loss of Stock or Goods
4. Abnormal Loss in Consignment
5. Invoicing Goods Heigher than Cost

3.4: Problems(Practice Test)

1. Problem 1: Consignment Account (Normal Loss)
2. More on Problem 1: Consignment Account (Normal Loss)
3. Problem 2: Consignment Account (Abnormal Loss)
4. More on Problem 2: Consignment Account (Normal Loss)