If a seller discovers that he had under charged a buyer, ...
If a seller discovers that he had under charged a buyer, which of the following documents will use to correct the error?
A promissory note
A credit book
An advice note
A debit note
A statement of account
Correct answer is D
A debit note is a document issued by a seller to a buyer notifying them of their current debt obligations. It is sent to the buyer when there is an increase in the amount payable
When a debit note is issued to a customer, the company is sending a notice to the buyer to pay an additional amount due to an error that may have been committed at the point of charging for the good and service
A distinguishing characteristic of labour is that it is ...
A debenture holder is entitled to ...
The amount paid by the insurance company to the insured upon giving up his policy is called? ...
Which of the following is not a commercial occupation? ...
Public debt management is one of the functions of a ----- bank ...
A function organization structure is where? ...
When a business enterprise provides free service to its environment, the service is said to be a ...
Which of the following is mostly used by a mail order business to sell goods ...
An agreement whereby the seller transfers the title to goods at a price is called? ...