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CP V IL Suomi James Daw has some automobile parts that he wants to sell. A friend of his recommends that he place the items
CP V IL Suomi James Daw has some automobile parts that he wants to sell. A friend of his recommends that he place the items in Thrifty Auto Parts Store on consignment. James has asked you to explain the concept of "consignment goods". What do you tell him? Multiple Choice 14:21 Consignment goods are not reported in the consignor's inventory since they do not have possession of the inventory o Consignment goods are always paid for by the consignee when they take possession Consignment goods should be reported in the consignee's books as inventory Consignment goods are shipped by the owner to the consignee who sells the goods for the owner ) Consignment goods are shipped to the consignor who sells the goods for the owner
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