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In a consignment sale, the consignee a. records advertising paid for the consignment as an expense. b. makes a journal entry when the consigned merchandise

In a consignment sale, the consignee

a. records advertising paid for the consignment as an expense.

b.

makes a journal entry when the consigned merchandise is received.

c.

only recognizes revenue associated with commissions.

d.

recognizes both commission revenue and sales revenue

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