Question 93
Purchase and Sale of GoodsA document sent to a customer at regular intervals to enable him know his indebtedness to his supplier is known as
- A.debit note
- B.invoice
- C.statement
- D.receipt
- E.consignment note
Show the answer and explanation
Answer: C (statement)
Explanation
A statement of account sums up dealings and shows the balance owed, usually monthly.