Multiple choice

The amount of abnormal loss on the goods sent on consignment is shown on

  1. credit side of the consignment account

  2. debit side of the consignment account

  3. debit side of consignee account

  4. credit side of consignee's account

  5. dedited to goods sent on consignment account

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is the correct answer. The correct entry is Abnormal loss account ___ Dr. To consignment account