Accounting Journal Entries
Accounting journal entries is to keep the record of business transactions according to the order. Accounting journal entries also gave detail explanation of transaction in the form that transaction is about what, transaction amount, and name of accounts involved. Accounting journal entries also give the information about debits & credits of accounts which is always equal.
Consignment Accounting Journal Entries Learning Objectives: Make journal entries in the books of consignor and that of consignee. As the goods sent on consignment by the cosigner are not his sales, he must not record consignment as sales and the consignee must must not
