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Hello Friends, Check out our New Video On Basic Journal Entries of Consignment Accounting by CA Sonali Doshi Watch our session on Basic Journal Entries to be passed of Consignment Sales. This session will give you a clear idea about the Consignment Journal Entries. So we are going to learn, 1. What are the Basic Journal Entries to be passed in the books of Consignor? 2. What are the Basic Journal Entries to be passed in the books of Consignee? Time Stamp 0:00 Introduction 0:31 Journal Entries 1:09 Necessary accounts to be prepared 3:52 Journal Entry on Goods sent on Consignment 5:25 Journal Entry on Consignor's Expenses 6:32 Journal Entry on Consignee pays Advance 9:16 Journal Entry on Consignee's Expenses 11:32 Journal Entry on Consignee Sold Goods 14:04 Journal Entry on Commission due to consignee 16:38 Journal Entry on Valuation of Closing stock lying with the consignee 18:22 Journal Entry on Profit and Loss on Consignment 20:17 Journal Entry on Settlement with the consignee 22:03 Journal Entry on Closing Ledger Accounts 24:42 Revision Useful for students of FYB.COM sem - II, M.com, BCom, CA, CA Final, CA-CPT, IPCC, CMA and to anyone who wishes to learn the consignment. Do subscribe to our channel and don't forget to press the bell icon to get regular updates. To know more about us visit our website: https://bit.ly/399Pjoo Download our Application: https://bit.ly/3EdzeMR Amazon: https://amzn.to/2VFdEQ5 Udemy: https://bit.ly/2N2zjZE Follow Us On Social Media: Facebook Page:- / letstutepage Instagram:- / letstute Equipment and software that we use – Equipment: 1: Green Backdrop Background YouTube Video Shooting - https://amzn.to/375Y1TN 2: DIGITEK® (DTR 550LW) (170 CM) Tripod For DSLR, Camera - https://amzn.to/3iYMHP1 3: Godox SB-UBW Series Octa (SB-UBW120 47'') lights - https://amzn.to/3BWoCB8 4: Cellphones TriPod t Adapter For Mobile Phone - https://amzn.to/3BVDQ9d 5: Aerial Acoustic Foam - https://amzn.to/3zJrnDR 6: Travel Adapter - https://amzn.to/3f5f9xy 7: AmazonBasics Camera Lens Protective Pouches - Water Resistant - https://amzn.to/3l9PvLU 8: AmazonBasics Backpack for Cameras and Accessories - https://amzn.to/2WymxuT Accessories: 1: SanDisk 128GB SD Card - SDSDXXY-128G-GN4IN - https://amzn.to/3zZhtxR 2: SanDisk 128GB Extreme Pro SDXC UHS-I Card - C10, U3, V30, 4K - https://amzn.to/3zOntJI 3: Canon EF-S 24mm f/2.8 STM Lens - https://amzn.to/3A14Sun 4: Spe Tulip 58Mm Flower Lens Hood (Black) For Canon Eos -https://amzn.to/3BTAB1Z 5: Graphic Tablet - https://amzn.to/3j2VTle 6: Microphone with 20ft Audio Cable-https://amzn.to/3C32G7o 7: Headphones for Home & Recording studio - https://amzn.to/3f4uuhx 8: Studio Condenser Microphone - https://amzn.to/3l9bdQc Software: 1: Effects and Cinema 4D Lite: 3D Motion Graphics Using CINEWARE - https://amzn.to/374pWn6 2: Adobe Photoshop CC for Photographers 2018 Paperback – https://amzn.to/3iZjrYf Let's tute (Universal Learning Aid) is an E-Learning company based in Mumbai India. Our goal is to make some meaningful positive impact in the education segment by providing quality education content to all students who want to explore, visualize and apply their learning to real life. We explain concepts in a very detailed and logical manner. We put focus on 'Self-learning' and not teaching. Students need not mug up anything or try to remember things but they should be able to understand it in a way that the knowledge stays with them for life. #letstute #letstuteaccountancy #consignment