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WAEC Commerce 2007 Question 31

Question 31

Purchase and Sale of Goods

Mr. Ojo buys a book from a bookseller and pays cash. The bookseller will issue him a

  1. A.debit note
  2. B.credit note
  3. C.voucher
  4. D.receipt.
Show the answer and explanation

Answer: D (receipt.)

Explanation

A receipt is given for cash paid.