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 is 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.