WAEC Commerce 1996 Question 72

Question 72

Purchase and Sale of Goods

For which of the following reasons would a seller not issue a credit note to a customer? If

  1. A.goods are undercharged
  2. B.goods are damaged
  3. C.bottles are returned
  4. D.goods are overcharged
  5. E.fewer goods are returned
Show the answer and explanation

Answer: A (goods are undercharged)

Explanation

Undercharging means the buyer owes more, so a debit note is sent, not a credit note.