Question :

A ‘credit note’ is sent by ________ to ________


A) Seller buyer
B) Buyer seller
C) Customer seller
D) Creditor seller

Answer : A

Description :


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


Salary comes under ________ Head


A) Direct expense
B) Current liability
C) Indirect expense
D) Current asset

View Answer

Related Questions - 2


Which option is used to view list of Primary and Secondary groups in Tally


A) List of Accounts
B) Accounts
C) List
D) None of these

View Answer

Related Questions - 3


A trial balance is a ________


A) Ledger
B) Journal
C) Account
D) List

View Answer

Related Questions - 4


Which reports are prepared monthly in Tally?


A) Profit ; Loss A/C
B) Balance Sheet
C) Trial Balance
D) Cash Flow of Funds Flow

View Answer

Related Questions - 5


Manufacturing Journal creates based on


A) Journal
B) Receipt Note
C) Stock Journal
D) Purchase Quotation

View Answer