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Name items which are recorded at the invoice price in the Consignment Account. Give

reasons for consigning the goods at the invoice price.


Consigning goods at invoice price aims to achieve the following merchandising objectives: 

1. Increase turnover 
2. Push old stocks 
3. Clear old inventory for new ones 
4. Promote another goods (tie up with consigned goods), and 
5. Save storage space (producer/distributor pass storage/handling cost to wholesaler/retailer)
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