Consignments

Chapter 6
Allan R.Drebin

Consignee Books
If Consignment profits are separately
determined
If consignment profits are not separately
determined.

If consignment profits are separately

determined
Mengirim barang konsinyasi ke Consignor
Memorandum
Expenses of consignor identified with
consignment:
No entry
Expenses of consignee chargeable to account of
consignor:
Consignment In- .. XXX
Cash
XXX

If consignment profits are separately

determined
Pada saat terjadi penjualan konsinyasi:
Cash
XXX
Consigment In - .
XXX
Charge by consignee for commission on sales:
Consignment In . XXX
Commissions on Consignment Sale XX
Remittance in settlement of accounts:
Consignment In . XXX
Cash
XXX

If consignment Profits are not separately

determined
Saat kirim consignment goods dari cosignor:
No entry
Expenses of consignor identified:
No entry
Expenses of consignee chargeable to account of
consignor:
Western Co
XXX
Cash
XXX

If consignment Profits are not separately

determined
Saat penjualan terjadi atas barang consignment:
Cash
XXX
Sales
XXX
Purchases
XXX
Western Co.
XXX
Charge by consignee for commission on sales:
No entry.
Remittance in settlement of acconts:
Western Co.
XXX
Cash
XXX

Consignors Books
If consignment profits are separately
determined
If consignment profits are not separately
determined.

Consignors Books
If consignment profits are separately
determined
Saat kirim barang konsinyasi:

Consignment Out R.Green

XXX
Merchandise Shipments on consign.XX
Expenses of consignor identified with
consignment:
Consignment Out-R.Green XXX
Freight out
XXX

Consignors Books
If consignment profits are separately
determined

Expenses of consignee chargeable to

account of consignor:
No entry
Sales of consignment sales by consignee:
No entry
Charge by consignee for commissions on
sales:
No entry

Consignors Books
If consignment profits are separately
determined

Remittance in settlement of account;

Cash
XXX
Consignment out XXX
Consignment Out XXX
Consignment Out XXX
Consignment Income XXX

Consignors Books
If consignment profits are not separately
determined
Saat Pengiriman barang konsinyasi:

Buat memorandum
Expenses of consignor identified with
consigment:
No entry
Expenses of consignee chargeable to
account:
No entry

Consignors Books
If consignment profits are not separately
determined
Saat terjadi penjualan barang konsinyasi:
No entry
Charge by consignee for commission on sales:
No entry
Remittance in settlement of accounts:
Cash
XXX
Freight
XXX
Commissions
XXX
Sales
XXX