Consignment

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Consignment is aales of goods through an agent who has possession but not ownership. Consignor The one who consigns merchandise to the consignee.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Consignment. Sales of goods through an agent who has possession but not ownership. Consignor The one who consigns merchandise to the consignee.

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