Multiple choice

These are demanded when buyer returns goods already paid for on grounds of, say, unacceptable quality

  1. Debit Notes

  2. Credit Notes

  3. Sales Letters

  4. Statement of Accounts

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A note sent from a business to a customer, informing the customer that money has been added to the customer's account is known as Credit note. Credit notes are typically used when products are returned for a refund or in other circumstances where the business must return money to the customer.