• Consignment: Basic features
• Difference with sales
• Recording in the books of Consignor – at cost & at invoice price
• Valuation of unsold stock
• Ordinary commission
• Treatment and valuation of abnormal & normal loss
• Special commission
• Del credere commission (with and without bad debt)
• Use of Consignment Debtors A/C.
• Recording in the books of Consignee
• Accounting for sale on approval