When the invoice of a customer is overcast, the supplier will send to him a...

FINANCIAL
JAMB 2015

When the invoice of a customer is overcast, the supplier will send to him a

  • A. debit note
  • B. cheque
  • C. credit note
  • D. payment voucher

Correct Answer: C. credit note

Explanation

A credit note is a letter sent by the supplier to the customer notifying the customer that he or she has been credited a certain amount due to an error in the original invoice or other reasons.



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