ACCOUNTING FOR COMMISSION TRADE

Authors

  • Urakova M.H. Urakova Maksad Hakimovna – associated professor of Department of accounting Faculty of Economy and Tourism Bukhara State University

Abstract

Commission trading refers to trading through an intermediary, therefore it has a number of distinctive features in terms of ownership of goods, responsibility and documentation of the transaction. Selling goods through a commission agent is a very common operation. Each party to the transaction has benefits from concluding a commission agreement. But there are also features of accounting for these operations. In this case, the payment will be not only a remuneration to the commission agent, but also a complication of accounting.

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Published

2024-04-15