MCQOPTIONS
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| 1. |
In the books of consignor the balance of the consignment stock account would be shown: |
| A. | As an asset in the balance sheet. |
| B. | As a liability in the Balance Sheet |
| C. | On the credit side of the Trading A/c |
| D. | On the debit side of Consignment A/c |
| Answer» B. As a liability in the Balance Sheet | |