wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A proforma invoice is sent by ___________.

A
Consignee to consignor
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Consignee to debtors
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Debtors to consignee
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Consignor to consignee
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D Consignor to consignee
A proforma invoice is a document prepared and sent by the consignor to the consignee. It contains all the details regarding the goods sent on consignment such as quantity, value, etc. and the terms and conditions of the consignment. It is different than an invoice as it is issued prior to the invoice i.e.before the actual sale is effected and shows the value of goods at which the goods may or may not be sold.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Non-Current and Current Assets
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon