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JAMB Accounting 2016 Objective — Question 20

Question 20 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2016 Objective paper, with the correct answer and a full explanation.

20. A receipt is an evidence of (a) payments (b) stocking (c) delivery (d) discounts

A. paymentsCorrect
B. stocking
C. delivery
D. discounts

Explanation

Receipts show the evidence that a particular transaction has been settled.

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