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Explain a Credit note.

      

Explain a Credit note.

  

Answers


Kavungya
A credit note is sent by a business firm to a debtor in response to some goods returned by the debtor back to the business firm.
Particulars of a credit note include;
- Business name and address of the transacting parties.
- Date.
- Credit note number.
- Amount to be refunded.
- Reason for goods returned. (Sales Returns)
Kavungya answered the question on August 17, 2021 at 07:59


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