Question
When a Supplier ships inventory to a Retailer but ownership does not change hands even after the Retailer takes possession of the Inventory, then a.
When a Supplier ships inventory to a Retailer but ownership does not change hands even after the Retailer takes possession of the Inventory, then
| a. | The Inventory is considered goods in transit | |
| b. | The Retailer is the Consignor | |
| c. | The Supplier is the Consignee | |
| d. | The Supplier is the Consignor |
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Connect For Computer Accounting With Quickbooks 2021
Authors: Author
20th Edition
1264069200, 9781264069200
