When a buyer has been overcharged for goods supplied, the seller issues a _______?
-
A.
debit note -
B.
proforma invoice -
C.
letter of credit -
D.
credit note
Correct Answer: Option D
Explanation
A seller receives goods (returned) from the buyer, he prepares and sends a credit note as an intimation to the buyer, showing that the money for the related goods is being returned in form of a credit note