O-LevelCommerceFinance7100/11 · Oct/Nov 2017 · Q141 Mark
Mr X purchased watches at $5000 from Mr Y and received an invoice for the amount due. Later, Mr Y sent Mr X a credit note for $1000. How much does Mr X now owe Mr Y?
A$1000
B$4000
C$5000
D$6000
✓ Correct answer
B: $4000
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