Economics · Consignment Accounts
Which of the following statements is NOT true regarding Del Credere Commission?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Del credere commission is relevant for credit sales.
- 2If del credere commission is allowed by the consignor to the consignee, both share the loss of bad debts.✓
- 3If del credere commission is allowed, bad debts will be debited to the consignment account of the consignee.
- 4If del credere commission is allowed, bad debts will not be recorded in the books of the consignor.
Correct answer
If del credere commission is allowed by the consignor to the consignee, both share the loss of bad debts.
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