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WAEC Accounting 2019 Objective — Question 44

Question 44 of 50 from the West African Examinations Council (WAEC) Accounting 2019 Objective paper, with the correct answer and a full explanation.

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The document used to correct an undercharge on an invoice is

  • A. a credit note
  • B. a debit noteCorrect
  • C. a receipt
  • D. a voucher

Explanation

A debit note is sent to a customer to indicate his/her indebtedness to the organisation sending it. Thus, if a customer is undercharged, a debit note will be issued to such customer.

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