wich one of the following is not a non-recurring expense in consignment? Freight and insurance paid by consignor Godown rent paid by consignee Loading charges paid by consignor Carriage to godown paid by consignee
We need o answer which of the following is a non-recurring expense in consignment
Consignment is an arrangement between a reseller who is the consignee and their supplier who is the consignor, that allows the reseller to pay for their products after the products have been sold.
We are needed to answer which sentence is a non-recurring expense in consignment
When goods are transported in a consignment to safeguard the goods insurance is paid so this is a recurring expense
When godown rent is paid by the consignee it is a recurring expense as the goods have to be kept in a godown.
Loading charges paid by the consignor is also a recurring expense is when goods are consigned there are always some expenses
The only non-recurring expense is the carriage to godown paid by the consignee because this charge is usually not paid on consignment but before.