Consignment Sales Flashcards by Top 7 CPALE | Brainscape

Q

Note: No Revenue is recognized until a sale is made by the consignee

A

Oks

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Q

Part of Consigned Inventory costs?

Insurance Premium
Advanced Commision

A

Yes
No

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Q

Consignment
Pag may freight costs na inventoriable. Tas partial ang benta, allocate lang pro rata para sa cogs

A

Oks

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