Search SchoolNGR

Tuesday, 21 April 2026
Register . Login

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 _______?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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

Share question on: