Multiple choice

Consignment stock at the end under normal circumstances includes

  1. cost of goods only

  2. cost of goods and loading amount

  3. cost of goods, loading amount and proportionate expenses of consignor only

  4. cost of goods, loading, proportionate expenses of consignor and consignee only
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

It includes not only the cost but also loading charges if any, and proportionate expenses of consignor as well as consignee. In abnormal loss, loading is not taken into account.

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