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WAEC Commerce 1994 Question 22

Question 22

Purchase and Sale of Goods

Which of the following is sent when credit is not allowed?

  1. A.Debit note
  2. B.Proforma invoice
  3. C.Credit note
  4. D.Statement
  5. E.Advice note
Show the answer and explanation

Answer: B (Proforma invoice)

Explanation

A pro-forma invoice is sent for the buyer to pay before the goods are sent.