Pre-test Consignment sales

Sales by means of the owner entrusting goods to another party to sell at a certain price and conditions in the agreement, in trade called ....

• cash sales

• installment sales

• consignment sales

• credit sales

There are 2 methods in accounting for consignment sales, namely...

• Cash Accounting Method and Accrual Accounting Method

• perpetual and Periodic

• Separate earnings method and Non-separate earnings method

• FIFO and LIFO methods

The safety and security of the entrusted goods is the responsibility of...

• Consignor

• Consignee

• Consignment

• Together

The party receiving goods for sale on consignment is called ....

• consignee

• self-employed

• consignor

• commission merchan

The party who owns the goods entrusted to another party for sale is called....

• commissioner

• consignee

• shop owner

• consignor