Business Studies

_________ is neither entered into book of accounts nor charged to the account of the recipients.


ANSWER

Proforma Invoice


SOLUTION
An abridged or estimated invoice sent by a seller to a buyer in advance of a shipment or delivery of goods. It notes the kind and quantity of goods, their value, and other important information such as weight and transportation charges. Proforma invoices are commonly used as preliminary invoices with a quotation, or for customs purposes in import. They differ from a normal invoice in not being a demand or request for payment.
Hence transaction merely with the proforma invoice as supporting document is neither entered into book of accounts nor will any charge be made to the account of the recipients.
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Single Correct Medium Published on 18th 08, 2020
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