When a buyer has been overcharged for goods supplied, the seller issues a ____________
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Correct Answer: Option D
Explanation:
A credit note is issued by a seller when the amount previously charged to a buyer needs to be reduced. If a buyer has been overcharged, the credit note informs the buyer that the excess amount has been credited to the buyer's account.
A credit note is issued by a seller when the amount previously charged to a buyer needs to be reduced. If a buyer has been overcharged, the credit note informs the buyer that the excess amount has been credited to the buyer's account.