Skip to content
Back to quiz
6. What are Statement of Accounts?
- A document issued at the end of each month which shows invoices, credit notes, payments made and amounts outstanding to a customer.
- A document that reduces the amount of money that needs to be paid.
- A document issued when goods are being returned from a customer to a supplier.
- A document that asks a bank to pay a specified amount of money to a name, person or company.
7. What is a Cheaque?
- A document issued when goods are being returned from a customer to a supplier.
- A document that asks a bank to pay a specified amount of money to a name, person or company.
- A note issued so that the recipient can check the delivery and sign that it is correct.
- A document that reduces the amount of money that needs to be paid.
8. What is the Trade Credit period?
- A document showing the amount that needs to be paid.
- A document issued when goods are being returned from a customer to a supplier.
- The credit extended to customers by suppliers who let them buy now and pay later.
- A document showing a manager, warehouse superviser and the accounts department confirming that goods have been recieved and in what condition.