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JAMB Commerce 2009 Question 10

Question 10

Purchase and Sale of Goods

The most commonly used commercial documents are

  1. A.order notes, debit notes, invoices and quotations
  2. B.letters of enquiry, consignment notes, receipts and invoices
  3. C.credit notes, statement of accounts, dispatch order and bills
  4. D.balance sheet, receipts, invoices and manifests.
Show the answer and explanation

Answer: B (letters of enquiry, consignment notes, receipts and invoices)

Explanation

Letters of enquiry, consignment notes, receipts and invoices are used in almost every trade transaction.