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Commerce · Q349

Accounting

Graduate and Post Graduate · Commerce · question 349

Q349

A proforma invoice is sent by

A.
Consignee to consignor
B.
Consignee to debtors
C.
Debtors to consignee
D.
Consignor to consignee
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
A proforma invoice is sent by Consignor to consignee. A Pro-forma invoice is a document prepared by the consignor which is sent to the consignee along with the goods. It contains the details with respect to the quantity of goods sent, rates at which the goods are sent and other terms and conditions for sending the goods on consignment.