A document recording the transactions of an organization with its customer for a specified period which normally shows the indebtedness of one to the other is a
A. statement of account B. consular invoice C. proforma invoice D. statement affairs
Correct Answer: A
Explanation
A statement of account is a detailed report of the contents of an account. An example is a statement sent to a customer, showing billings to and payments from the customer during a specific time period, resulting in an ending balance.Â
