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  • The unsold stock at the end of consignment for the consig...
Multiple choice

The unsold stock at the end of consignment for the consignor is considered as

  1. an expense

  2. an income

  3. an asset

  4. a liability

  5. a loss

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It is an asset as it is owned by him.

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