Accounting Multiple Choice Question – 1 February 2024

Alex Trading purchases goods on credit from Lucy Wholesalers Ltd for £1,000.

£100 of these goods are defective and Alex Trading returns them to Lucy Wholesalers Ltd.

What document would Lucy Wholesalers Ltd issue to Alex Trading in respect of the returned goods?

Select ONE answer:

1. Invoice
2. Remittance advice
3. Credit note
4. Delivery note

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.