Franco Invoice includes
A. all costs upto putting the goods at the door of the buyer
B. cost, insurance and freight
C. all the costs upto Railway Station
D. all costs upto loading the goods into the railway wagons
Answer: Option A
Related Questions on Miscellaneous in Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these
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