Commerce
The record in which income and expenditures of a business are recorded is named as
income statement
book of accounts
balance sheet
cost sheet
book of accounts
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Every month card holder receivesA. statement
B. invoice
C. note
D. advice note
A price, which includes cost of goods plus delivery charges, dock charges, ship freight, export duty and loading charges are called
A. Duty paid
B. Custom duties
C. Ex-ship charges
D. In bond price
The goods remains the property of the seller until the purchase price has been installed is the attribute of
A. conditional sale agreement
B. hire purchase agreement
C. credit sale agreement
D. consumer credit agreement
The color of credit note is
A. yellow
B. pink
C. red
D. white
Co-operative society only serves the
A. large social circle
B. local society
C. domestic society
D. local community
If the exporter is made responsible for deciding the quality and price of goods, alongwith other factors then it is called
A. Open indent
B. Close indent
C. None of these
D. Both A and B
Wholesaler purchases goods from
A. producer
B. manufacturers
C. suppliers
D. retailers
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