A debit note is issued when _________________.

Less debit was formerly given

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Less credit was formerly given

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To cancel the wrong debit

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All of the above

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Solution

The correct option is A Less debit was formerly given
A debit note is note which is issued when less debit is given. It signifies the debt paying liability of a person. Debit note is issued to give additional debit and to cancel and extra credit.

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A debit note is issued when _________________.

The correct option is A Less debit was formerly givenA debit note is note which is issued when less debit is given. It signifies the debt paying liability of a person. Debit note is issued to give additional debit and to cancel and extra credit.

The correct option is A Less debit was formerly given
A debit note is note which is issued when less debit is given. It signifies the debt paying liability of a person. Debit note is issued to give additional debit and to cancel and extra credit.