Question :

A ______ is sent to a customer when he returns the goods


A) Debit note
B) Credit note
C) Proforma invoice
D) Bill

Answer : B

Description :


Sales return are recorded in Credit note voucher. A credit note is a document sent by a seller to its buyer or, in other words, a vendor to the customer, notifying that a credit has been provided to their account against the goods returned by the buyer.


Related Questions - 1


Which submenu is used for voucher entry in Tally


A) Vouchers
B) Accounting Vouchers
C) Accounts Info
D) None of these

View Answer

Related Questions - 2


________ gives the balance for each day for the voucher type has been selected.


A) Trial Balance
B) Day book
C) Balance Sheet
D) None of the above

View Answer

Related Questions - 3


Which of the following is not a disadvantage of introducing computerized accounting system


A) Possible demotivation through reundance
B) High expenditure on set up
C) Saving made on labour cost
D) Required staff training

View Answer

Related Questions - 4


A ______ is sent to the seller when he is taken back the sold goods


A) Debit note
B) Credit note
C) Proforma invoice
D) Bill

View Answer

Related Questions - 5


Default ledger accounts in tally are ________


A) Balance sheet profit & loss and trial balance
B) Profit & loss and trial balance
C) Cash and profit & loss accounts
D) Cash and bank accounts

View Answer