WAEC Accounting 2015 Objective — Question 15
Question 15 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.
Advertisement
When the invoice of a customer is overcast, the supplier will send to him a
- A. cheque
- B. payment voucher
- C. debit note
- D. credit noteCorrect
Explanation
When a customer's invoice is overcast, they have been overcharged; a credit note is sent to compensate/correct this.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.