Accountancy, asked by chinni4366, 4 days ago

what is credit note?​

Answers

Answered by priyaagari1111
0

Answer:

A receipt given by a shop to a customer who has returned goods, which can be offset against future purchases.

Explanation:

 A credit note or credit memo is a commercial document issued by a seller to a buyer. Credit notes act as a source document for the sales return journal. In other words the credit note is evidence of the reduction in sales

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