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Consignment Sales Revenue 101
Consignment sales revenues are recognized by the consignor, when the consignee sells consigned goods to customers. (1) Consignor sends consigned goods to Consignee. (2) Consignee sells consigned goods to Customers. (3) Consignor recognizes “Consignment Sales Revenue”. #Financial Accounting #Finance #Financial Statement Analysis #Earnings # ...
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