Home » Classroom » SS3 Accounting Consignment Account - Meaning/Definition Question

What is the difference between a consignor and ... - SS3 Accounting Consignment Account - Meaning/Definition Question

What is the difference between a consignor and a consignee in a consignment agreement?

The consignor is the party who sends goods to be sold on their behalf, while the consignee is the party who sells the goods on behalf of the consignor.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses