PRC-1 · Chapter 2 · Question 24 of 100
A 'Goods Dispatched Note' (GDN) is generally sent by the business to the customer. Does the GDN immediately trigger a double-entry accounting record?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) No, it simply serves as a notice to the customer that goods have been sent.
Explanation
A goods dispatched note is a logistical document informing the buyer of the shipment. The actual accounting double-entry is triggered later by the generation of the sales invoice.
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