Assignment

 3. Journalize the consignment activities in the following transactions, (Consignment profit is determined independently and not independently) On November 6, the consignor sent 150 units of merchandise worth Rp 250,000,- / unit with the transportation costs borne by the consignor amounting to Rp 1,000,000,- On 15-25 November (during January) the cosignee sold 75 units at a price of Rp. 500,000,-/ unit with a commission condition of 5%. And the transportation costs that are temporarily borne by the consignee are Rp. 300,000,- On November 30, remittance was made for the sale of merchandise from consignee to consignor

 2. Journalize the months of January, February, March required for the following consignment activities, (Consignment profit is determined independently and not independently) On January 6, the consignor sent 150 units of merchandise worth Rp. 200,000,- / unit with the transportation costs borne by the consignor amounting to Rp. 1,000,000.- January 15-25 (during January) consignee sells 100 units February 1 – 28 (during January) consignee sells 25 units Terms: • Consigned goods are sold at a price of Rp. 400,000, -/unit which is paid in the month of purchase at 50% of the selling price and the rest is paid in the following month. • Commission is 5% of billing. • Consignment delivery costs borne by the consignor are Rp. 1,000,000

 1. On August 1st, Andika Corporation sent 100 shirts to Mr. Alex Fashion on a consignment basis. This shirt is sold at a price of  Rp. 350,000/piece with 25% consignment rights and any transportation costs are borne by the consignor. On August 29, the consignee sent money to the consignor for the sale of consigned goods. Make the required journals for the consignee and the consignor, if? a. Shirts Sold Out b. Shirts sold 70 pieces Additional information on the cost of goods sold for clothes worth 100,000/piece. Transportation Expenses from Consignor to Consignee of Rp. 5,000,000