Question on: JAMB Accounting - 2022
Bola, UTC's regular customer, owed N1,00 on account of a radio bought. If he sent in a cheque for N1,500, UTC would send him a
A
credit note
B
debit note
C
journal voucher
D
way bill
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Correct Option: A
If Bola sends in a cheque for more than the owed amount, UTC would send him a credit note for the excess amount paid.
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