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The ppt contains content on Accounting_for_Consignment_and_Joint_Venture
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Accounting for Consignment and Joint Venture A Comprehensive Overview
Introduction to Consignment • • Sending goods to an agent for sale without transferring ownership. • • Principal-Agent relationship.
Consignment Accounting • • Journal entries for consignor and consignee. • • Treatment of commission and expenses.
Joint Venture Accounting • • Temporary business arrangement between two or more parties. • • Methods: Separate books, memorandum accounts, or co-venturer's books.