Which of the following is true of a delivery note? It
is sent in anticipation of delivery
does not show the prices of the goods
gives additional information about the goods
shows the pictures of goods being delivered
is a demand for payment
Correct answer is B
No explanation has been provided for this answer.
A document that is sent to a buyer when credit is not allowed is?
invoice
consignment note
debit note
proforma invoice
delivery note
Correct answer is D
No explanation has been provided for this answer.
An instalmental buying system where ownership immediately transfers to the buyer is known as?
deferred payment
hire - purchase
spot buying
cash sales
prompt payment
Correct answer is A
No explanation has been provided for this answer.
Who is liable for the contract entered into the agent on behalf of his principal? The
agent
principal
agent and principal
third party
lawyer who drew up the agreement
Correct answer is B
No explanation has been provided for this answer.
excess of income over expenses
total income from the sale of goods
difference between sales and purchases
amount of purchasenless closing stock
excess of total sales over total purchases
Correct answer is A
No explanation has been provided for this answer.