Goods Return – NBC Institute

FA – Mar/July 2020 – L1 – SA – Q11 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identifying the correct document issued for returned goods

Question

Mefor returned defective goods to the supplier, Ahmed. Which of the following source documents will Ahmed issue to Mefor?
A. Invoice
B. Debit note
C. Delivery note
D. Statement of account
E. Credit note

Answer

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Tags: Credit Note, Goods Return, Source Document
Level: Level 1

Topic: Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)
Series: MAR/JULY 2020

Question Tag: Goods Return

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FA – Mar/July 2020 – L1 – SA – Q11 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identifying the correct document issued for returned goods

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Identifying the correct document issued for returned goods

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FA – Mar/July 2020 – L1 – SA – Q11 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identifying the correct document issued for returned goods

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Identifying the correct document issued for returned goods

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