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\nConsignment Accounting Problem Solving: Accounting for Consignment Sales and Abnormal Loss\n

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\nThe video explains the accounting process for a consignment of saris purchased by Charlene Traders, including sales made by Zing, damages, and commissions. The required accounts to be prepared are consignment account, Zing account,...\nThe video explains the accounting process for a consignment of saris purchased by Charlene Traders, including sales made by Zing, damages, and commissions. The required accounts to be prepared are consignment account, Zing account, abnormal loss account, and consignment datas account.\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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29:45
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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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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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questions, credit
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Additional Tags

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question on consignment accounting, unsold, consignment, valuation of stock, consignment account, consignment data, bad debts, charlene traders, charlene raiders, net realizable, normal business, start solving, bad dates, abnormal loss, loss reduces, net loss, working note, insurance company, closing stock, consignment business, bank account, recurring expenses, good send, total sales, loss account, ordinary commission, journal entry, selling expenses, trading credit, cash bank, credit sales, zing account, consignment credit, market price
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Consignment Accounting Problem Solving: Accounting for Consignment Sales and Abnormal Loss\" href=\"/subscription/new\">\"Consignment\n\n
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