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After making the deposit, the daily cash summary and the validated deposit slip should be forwarded by the cashier directly to:
Consigned Goods
Items that are given to a third party (consignee) to sell, where the original owner (consignor) retains ownership until the goods are sold.
Possession
The actual holding or control of property, whether owned or not.
Risk Of Loss
Pertains to the contractual and legal responsibility for the loss, damage, or destruction of goods during transportation or transaction.
Seller's Place
The designated location or business premises of the seller, relevant in transactions and legal agreements for determining delivery and risk of loss.
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