Multiple Choice Questions on Goods sent on consignment account is of the nature of ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Goods sent on consignment account is of the nature of ........

General Accounting Principles Special Journals
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Goods sent on consignment account is of the nature of _______.

personal account.

Incorrect Answer

nominal account.

Incorrect Answer

real account

Correct Answer

representative account

Incorrect Answer
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Explanation:

The nature of Goods sent on consignment is real account

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Kalyani Sisodiya

Is it real or nominal?

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