Question: Consigned goods are recognized as revenues by the consignor when a sale to a third party has occurred. consignor when the merchandise has been shipped

Consigned goods are recognized as revenues by the

consignor when a sale to a third party has occurred.

consignor when the merchandise has been shipped to a consignee.

consignee when a sale to a third party has occurred.

consignor when it receives payment from consignee for goods sold.

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