1.

Mr. X sent goods to Mr. Y on Consignment basis at invoice price. Mr. Y sold the goods to the customers. One of the customers returned the goods to Mr. Y because of defective quality. Mr. Y returned those goods to Mr. X paying Rs.5,000 for freight. The returned goods are valued at _______

A. Selling Price
B. Cost Price
C. Invoice Price
D. Invoice Price + Rs.5,000
Answer» D. Invoice Price + Rs.5,000


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