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WAEC Financial Accounting 2025 Question 29

Question 29

Source Documents

When the buyer is undercharged, the seller forwards

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

Answer: B (a debit note.)

Explanation

An undercharge means the buyer owes more, so the seller sends a debit note.