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30. The following is a consignment exit estimate in the Avel Company book Nov 15 10 radios Consignment-out - Boby $400 Nov Sale of 4
30. The following is a consignment exit estimate in the Avel Company book Nov 15 10 radios Consignment-out - Boby $400 Nov Sale of 4 radios (Cash 30 remittance by consignee $340 minus $123 $340 Nov 15 Freight out $20 30 Consignee $55 Expense Incoming freight charge Commission $68 Determine the following a Subsection what journal is prepared on November 30 to adjust this estimate? bentry Assume that Avel Company does not open a consignment out account but instead consolidales consignment transactions with other transactions in its books c. Then assume that this consignor maintains perpetual inventory records Journal entries what will be arranged in the consignor's books to record the consignment transaction? 30. The following is a consignment exit estimate in the Avel Company book Nov 15 10 radios Consignment-out - Boby $400 Nov Sale of 4 radios (Cash 30 remittance by consignee $340 minus $123 $340 Nov 15 Freight out $20 30 Consignee $55 Expense Incoming freight charge Commission $68 Determine the following a Subsection what journal is prepared on November 30 to adjust this estimate? bentry Assume that Avel Company does not open a consignment out account but instead consolidales consignment transactions with other transactions in its books c. Then assume that this consignor maintains perpetual inventory records Journal entries what will be arranged in the consignor's books to record the consignment transaction
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