You have received goods from trader X who invoiced you and delivered the invoice with the goods.

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You have received goods from trader X who invoiced you and delivered the invoice with the goods. You have just received a debit note for £100.
a. What is a debit note?
b. How should the £100 be accounted for?
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Related Book For  answer-question

Introduction To Financial Accounting

ISBN: 978-0077138448

7th edition

Authors: Anne Marie Ward, Andrew Thomas

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