- 1 Marks
Question
Which of the following documents will a supplier send to a customer whose invoice was understated?
Answer
Answer: B. Debit note
Explanation: A debit note is sent by the supplier to correct an understatement on a previous invoice by increasing the amount owed by the customer. This typically occurs when the amount charged in the original invoice was less than what should have been billed.
- Tags: Accounting Process, Source Documents
- Level: Level 1
- Uploader: Dotse