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What is a statement of account? It is a/an

Commerce
NECO 2001

What is a statement of account? It is a/an
  • A. note to inform the customer of an addition to his business transaction
  • B. original letter sent to customer asking them to settle their bills
  • C. statement of acceptance of credit facilities to a customer
  • D. summary of customer’s transactions for a given period
  • E. summation of goods sold to a customer for a particular item
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Correct Answer: Option D
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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