Home » Past Questions » Accounts » In the consignee's record account, the accounting treatment of expenses paid for ...

In the consignee's record account, the accounting treatment of expenses paid for ...


Question

In the consignee's record account, the accounting treatment of expenses paid for on behalf of the consignor is debit

Options

A) consignee's account, credit cash account, credit cash account

B) cash account, credit consignor's account

C) consignee's account, credit cash account

D) cash account, credit consignee's account

E) account sales, credit consignee's account

The correct answer is A.


More Past Questions:


Discussion