Which of the following is sent by a supplier who does not want to sell on credit?
Answer Details
A Pro forma invoice is sent by a supplier who does not want to sell on credit. A pro forma invoice is a preliminary invoice sent to a buyer that outlines the goods or services to be provided, their cost, and other important details. It serves as a quotation that specifies the terms of sale, including the price, quantity, and shipping details. Unlike a regular invoice, a pro forma invoice is not a demand for payment, and it does not constitute a binding agreement between the seller and the buyer. Rather, it is a document that provides a preview of the financial transaction to come.