MCQOPTIONS
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| 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 | |