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Question

Account Sales _____________.

A
Have a very particular format
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B
Does not have a specific format
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C
Must be prepared by law
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D
Given by consignor to consignee
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Solution

The correct option is B Does not have a specific format
Account sales is a statement specifying the price at which the goods are sold, the commission earned by the consignee, the expenses incurred by the consignee on behalf of the consignment and the net balance for which the consignee is liable. It is prepared by the consignee and does not have a fixed or specified format.

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