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When a Buyer Has Been Overcharged for Goods Supplied, the Seller Issues a?

When a buyer has been overcharged for goods supplied, the seller issues a?
  • A. debit note
  • B. proforma invoice
  • C. letter of credit
  • D. credit note
Correct Answer: Option D
Explanation

A seller receives goods (returned) from the buyer, he prepares and sends a credit note as an intimation to the buyer, showing that the money for the related goods is being returned in form of a credit note