JAMB - Commerce (2017 - No. 9)
When a buyer has been overcharged for goods supplied, the seller issues a _______?
debit note
proforma invoice
letter of credit
credit note
Forklaring
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