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    Auditing Assurance Services Study Set 1
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    Exam 15: Audit of Transaction Cycles and Financial Statement Balances I
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    A Document Indicating a Reduction in the Amount Owed to a Vendor
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A Document Indicating a Reduction in the Amount Owed to a Vendor

Question 77

Question 77

Multiple Choice

A document indicating a reduction in the amount owed to a vendor because of returned goods is:


A) a debit note.
B) a shipping room report.
C) a receiving room report.
D) a credit note.

Correct Answer:

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