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O-LevelCommerceFinance7100/12 · Oct/Nov 2024 · Q91 Mark

A retailer purchased goods from a wholesaler and received an invoice for $10000. The wholesaler then sent the retailer a credit note for $2000. How much does the retailer owe the wholesaler?

A$2000

B$8000

C$10000

D$12000

✓ Correct answer

B: $8000

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2024 Paper 1 Variant 2, question 9.

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