The revenue for transaction of consignmentsale is recognized. – McqOptions

MCQOPTIONS

1.	The revenue for transaction of consignmentsale is recognized.
A.	When goods are sent to consignee
B.	When advance against delivery is received by consignor
C.	When goods are sold to customers by consignee.
D.	When advance against delivery is received by consignor
Answer» D. When advance against delivery is received by consignor

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