Question: Goods on consignment are: Multiple Choice Goods sent by the owner to the consignee who sells the goods for the owner. Reported in the consignee's
Goods on consignment are:
Multiple Choice
Goods sent by the owner to the consignee who sells the goods for the owner.
Reported in the consignee's books as inventory.
Goods shipped to the consignor who sells the goods for the owner.
Not reported in the consignor's inventory since they do not have possession of the invento
Always paid for by the consignee when they take possession.
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