Abnormal loss on consignment is credited to _?

Question

A). Profit and Loss Account

B). Consignee’s Account

C).Consignment Account

D). None of the three.

Tohidul islam · Answer

Answer: option C Consignment Account.

Muhammad Sabith · Answer

.Consignment Account..................

FAROOQ NASIR · Answer

it should be credited to consignment a/c

Mujeeb Alam FCMA · Answer

Abnormal Loss Accounting Treatment: Abnormal loss A/C ...........Dr. To consignment A/C For abnormal loss transferred: Profit and loss A/C........Dr. To abnormal loss A/C

مستخدم محذوف‎ · Answer

Yeah defiantly its option C>>>>>>>>>>>>.

Anwar Ahmed · Answer

B). Consignee’s Account

to know the correct profit.

jefrey mauricio · Answer

Answer is ccosignment account

IMRAN ALI MOHAMMED · Answer

Any Abnormal loss on consignmnet is credited to 'Consignment Account' in order to know the exact profit made on the consignment. so the answer is 'C'

Usman Ijaz · Answer

P&L A/C Dr. Consignment A/C Cr. ...... so C is the answer

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Abnormal loss on consignment is credited to _?

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