Consignment Sales Accounting (Consignor Sales Revenue, COGS, Sales Expense, Inventory) скачать в хорошем качестве

Consignment Sales Accounting (Consignor Sales Revenue, COGS, Sales Expense, Inventory)

Accounting for consignment sales from the consignor's prospective, Consignment Sales: Consignor (wholesaler) ships goods to Consignee (dealer) for the goods to be sold, inventory value includes the shipping costs of the inventory to the dealer who will sell the inventory, consignor's profit on sales = ( consignment sales - COGS - commission costs - advertising costs - other costs based on the consignment agreement), the consigned merchandise is held & recorded by the consignor, transfer from finished goods inventory to inventory on consignment, inventory on consignment is reduced by the cost of sales, sales revenue is reduced by the COGS & sales expenses such as commission costs paid to the consignee, advertising costs, etc., consignee (dealer) remits to the consignor sales revenue less commissions & other costs/expenses, detailed accounting by Allen Mursau