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\nIntroduction to Consignment Accounting: Del Credere Commission\n

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\nIntroduction to Consignment Accounting part 8/10: This video explains the del credere convention in consignment accounting, which affects credit sales, debt collection, and bad debts. It discusses the extra commission given to the...\nIntroduction to Consignment Accounting part 8/10: This video explains the del credere convention in consignment accounting, which affects credit sales, debt collection, and bad debts. It discusses the extra commission given to the consignee for collecting debts and bearing bad debt losses, as well as the accounting principles that remain the same. The video concludes by stating that there is no difference between cash and credit sales when the consignee is responsible for collecting debts.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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21:50
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Grade
9th - Higher Ed
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Subjects
Career & Technical Education
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Media Type
Instructional Videos
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Source:
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\nLet's Tute\n\n
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Date
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2022
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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credit
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Additional Tags

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how to write journal entries, accounting transactions, bad depts, cash sales, credit sales, collection from debtors, consigner account, consignment data, bad days, normal accounting, balancing figure, carry forward, trading credit, bad debts, bank account, extra account, cash bank, extra commission, delprete commission, pnl debit, credit commission, sales account, commission account, account debit, bed dates, normal entry, additional responsibility, entire payment, sales belongs, collection work, consignment daters, consignee account, consignee consigner
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Classroom Considerations

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Best For: Explaining a topic
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Introduction to Consignment Accounting: Del Credere Commission\" href=\"/subscription/new\">\"Introduction\n\n
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