Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C6 Subsidiary Books1 Mark
Question
For which reasons credit note is written?
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Answer
A credit note is written for the following reasons:
$(1)$ Due to any reason, customer returns goods out of credit sales made.
$(2)$ When the invoice sent is for more amount than the amount of actual goods sold.
$(3)$ If any error in calculation at the time of accounting.
$(4)$ If any type of rebate is given to the customer.
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