It is a document giving full details of goods being shipped, prepared by the exporter and sent to the importer.

Statement of accounts

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Invoice

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Receipt

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None of above

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Solution

The correct option is B Invoice
An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer. Payment terms are usually stated on the invoice.

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Similar questions

Identify the documents highlighted in the following statements:

(1) On the basis of this document, the customs office grants permission for the export.

(2) This document is prepared by the importer, and it shows the details of goods imported.

(3) On the basis of this document imported goods are unloaded from the carrier.

Q. _______ is a document giving full details of goods being sold and may treated as document showing title by the buyer.

Identify the documents highlighted in the following statements:

(i) The commanding officer of the ship issues this document to the exporter after cargo is loaded on the ship.

(ii) This document is prepared by the shipping company to acknowledge the receipt of goods on a ship and gives the undertaking to carry them to the port of destination.

(iii) This document is the most appropriate and secure method of payment to settle international transactions.

Q. The importer prepares a which contains details about the imported goods and submit this document to the customs officers to get clearance.

Q. __________ is a statement issued by buyer to seller giving full details of goods returned.

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