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


A trial balance is a ________


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

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Related Questions - 2


If we purchase any fixed asset in credit, we can pass it from


A) Payment mode
B) Receipt mode
C) Purchase mode
D) Contra mode

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Default ‘godown’ name in tally is ________


A) Primary
B) Main location
C) A or B
D) None of the above

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Retained Earnings is an alias of


A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments

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Related Questions - 5


BOM represents


A) Billing of Machines
B) Bill of Materials
C) Bill of Maintenance
D) None of these

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