ACCOUNTS GURU

  Ab Unsold stock ki valuation karni hogi Step1: Jitni unit unsold h into jis rate wali Step2: non recurring expense jo 1 baar hotein h            Consignor unhein propartionate kark nikalna Step3: non recurring expense jo 1 baar hotein h            Consignee unhein propartionate kark nikalna Note: Format of Valuation given Above Now  we Solve the Question Related to above concept  we Solve the Question Related to above concept 22750 this amount goes to Consignment Account Now we solve a new Q. for the clearity of above concept working note: For Proper understanding always Practice that type of Q. which I post . and Refer a suitable book for learning easily with Q based Practice

Consignment Account Detail 1. Sabse Pehli Entry Goods sent on consignment ki aegi 2.Bhejne k expense to bank k naam se aayenge. 3.Consignee k expense consignee k naam se aayenge 4. Commission consignee k naam se aaegi. 5. Sale Consignee k naam se aaegi 6. agar Debit side ka balance jyada h to loss ya profit 7. ya fir Debit m all expense credit all income Consignee Account Detail 1. Sabse Pehli  Sabse pehle Sale wali Entry Niche aaegi  2. Fir Dr. Side se commission, expenses of consinee aaengey     consignment  k naam se 3. advanced aega bank/cash ya B/R k Naam se 4. Balancing figure bank k naam se aegi 5. ya fir Consignee Creditor h hamare liye Increase to Cr. Decrease to Dr. Goods sent on consignment Account ismein ek hi aegi, Upar goods sent on consignment h uska bhi Account ban jaega Now we will solve the Q.               A of Delhi Consigned cycles 1000 cycles at the rate of Rs 300            ...

  Consignment Accounts Consignment  Concept A Delhi  m Business  karta h .A  ne 1 Agent  Appoint kar rakha h B jo Mumbai m Business karta h to A Principal h. B Agent h.  A delhi se goods send karega  B ko. B inko Sale kareinga  badle m B ko Kya milegi Commission is Chapter A ko Consignor boltein h, Consignor hota h, who semd the goods. B ko Consignee boltein h, Consignee hota h,  who sold goods on behalf of  Consignor.saara ka Risk A ka h,  Saarey Expense A k h, chaye Profit ya losss ho A bear karega.  is Shipment ko Consignment boltein h. ya fir Consignment matlab hota h 1 tarah se lots of goods  A, B ko Performa send karta h jisko boltein Account sales , Account Sales k iss parformein m sales hoti h, commission hoti h,  B k expenses hotein h aur Advance bhi hota h iss purey performey ko hi Account Sales boltein h A of Delhi sent 200 machines @ Rs of 500 each to B of mumbai.  A spent Rs 5000 as loading cha...

  Our Stream is Commerce. Commerce means Business and we have some forms of business  & Forms is based on Ownership 1.If Ownership in one person hand it is called Sole proprietorship 2.If Ownership in 2 or more person hand it is called Partnership. 3.If Ownership in Unlimited Shareholders' it is called Company. We have Studied in class XII  Journal, Ledger & Trail Balance Trail Balance  can be further classify in (a)Profit Statement (b) Position Statement  (a)Profit Statement Consist of 1.Trading Account 2.Profit & Loss A/C  (b)Position Statement& Balance Sheet Combination (a) & (b) is called Final Accounts Partnership is also like this (a few changes can be seen) which we discuss in future Company (in upcoming page)