Which of the following is the document which accompanies the customer's payment?
A) remittance advice
B) credit memo
C) monthly statement
D) sales invoice

Question

Quizplus · Accepted Answer

A remittance advice is a document that accompanies a customer's payment and provides details of the invoices being paid. It helps the seller to match the payment received with the invoices being paid. The other options, credit memo, monthly statement, and sales invoice, are not documents that accompany a customer's payment. A credit memo is a document issued by the seller to reduce the customer's balance due, a monthly statement is a summary of all transactions during a month, and a sales invoice is a document issued by the seller to request payment from the customer.

Which of the Following Is the Document Which Accompanies the Customer's