Consignment Account

Discussion in 'General Accountancy Discussion' started by Phemmie93, Dec 3, 2018.

  1. Phemmie93


    Jul 12, 2018
    Likes Received:
    hi, Please how does the consignee treats the inventory received from the consignor, since it cannot reflect as an asset in the Consignor's books. And, when the consignor sells the goods, how is that treated in his books.
    Phemmie93, Dec 3, 2018
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.