Accountancy, asked by khannaashish2751, 10 months ago

Difference between consignment and partnerships with basic points

Answers

Answered by singhneelam02106
0

Answer:

difference between consignment and partnership are

Explanation:

consignment-

consignment is an arrangement in which goods are left in the possession of an authorized third party to sell the consigner receives a percentage of revenue form the sale ( sometimes a very large percentage ) in the form of commission.

partnership-

a partnership is a form of business where two or more people share ownership , as well as the responsibility for managing the company and the income or losses the business generates

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