Accountancy, asked by anjalisreeanju14, 9 months ago

difference between consignment and sale?

Answers

Answered by pratikishu

2

Answer:

The parties to a consignment are consignor and consignee whereas the parties to the sale are buyer and seller. ... In consignment, only the possession of goods transfers not the ownership. On the other hand, in the sale, both the ownership and possession are transferred to the buyer.

Answered by Anonymous

2

Explanation:

❤️ Hello mate ❤️

The parties to a consignment are consignor and consignee whereas the parties to the sale are buyer and seller. ... In consignment, only the possession of goods transfers not the ownership. On the other hand, in the sale, both the ownership and possession are transferred to the buyer.

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