Dear Professionals
I have a doubt as under:
1. Which figures to account in balance sheet and income tax: Goods transferred to Consignee agent OR Goods sold by Consignee agent
2. There are 2 figures: Sales actually done by consignee agent and goods sent from factory
Please clarify as I have to account in my books....
Yours
Deepak
88843 11947 / 9886096664
Thanks but we not clear whether to account sales by consignee or goods transferred by consignor
Regards
Deepak
As per my knowledge, goods sold by consignee will be booked in account book....
CAclubindia
