A Consignee Is a Person to Whom a Common Carrier

question 82

True/False

A consignee is a person to whom a common carrier makes a delivery.

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Definitions:

Transaction

A financial event or agreement that results in a change to the balance of two or more accounts within a company's financial records.

Accounts

Recordings within financial accounting that track specific types of transactions, such as assets, liabilities, equity, expenses, and income.

Journal

A comprehensive record of all financial transactions of a business, listed in chronological order.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.