A credit note would be issued by a business: (a) As evidence of goods sold on credit

Question:

A credit note would be issued by a business:
(a) As evidence of goods sold on credit
(b) As reference for creditworthiness of a long-standing customer
(c) As evidence of amount received as deposit in respect of a sale
(d) For cancelling fully or partly amounts receivable from customers

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

Question Posted: