Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 12 - No. 30)
What is a debit note?
A document sent to a customer to request payment.
A document issued by the supplier to the customer, for instance when goods are returned.
A document to reduce a customer's debt.
A document issued when a customer has been overcharged.
Explanation
A debit note is issued by the supplier, reducing the amount the customer owes.
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