consignment
This query is : Resolved
03 May 2008
whatis the entryfor baddebts in consignor's and consignee's book when a)del credre commission is given b)when the same is not given
05 May 2008
Dear Om,
Very simple logic to it.
In the books of the comsignor Bad-debts will occur as he has to bear it.
On the other hand the consignee will not bear the expenses of bad- debts as he is not the owner of the goods. So the result of that would be that no entry will occur in the books of the consignee when it comes to Bad- debts.
Very simple logic to it.
In the books of the comsignor Bad-debts will occur as he has to bear it.
On the other hand the consignee will not bear the expenses of bad- debts as he is not the owner of the goods. So the result of that would be that no entry will occur in the books of the consignee when it comes to Bad- debts.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- REGARDING GST LIABILITY/....
- Tax liability on income of freelancer
- SALE BILL AGAINST GOODS RETURN
- Loan by Partnership Firm
- STCG FOR GOLD ETFs
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Specified Profession
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
