Explain what it means if a company has some of its inventory out on consignment. Who owns

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Explain what it means if a company has some of its inventory out on consignment. Who owns the goods? In other words, whose inventory would they be part of?

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Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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Question Posted: Jun 11, 2015 08:19 AM

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Explain what it means if a company has some of its inventory out on consignment. Who owns

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If a company has goods out on consignment it means that the goods are physically located in the ...View the full answer

Understanding Financial Accounting

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