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WAEC Commerce 2024 Question 25

Question 25

Purchase and Sale of Goods

To correct an overcharge for goods on an invoice, the seller sends the buyer

  1. A.an advice note.
  2. B.a credit note.
  3. C.a consignment note.
  4. D.a delivery note.
Show the answer and explanation

Answer: B (a credit note.)

Explanation

A credit note reduces the amount the buyer owes, correcting an overcharge.