A __________ issued by buyer to seller giving full details of goods returned.

Debit note

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Credit note

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Cash memo

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Credit memo

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Solution

The correct option is C Debit note
A debit note is the document which is used in the event of purchase returns. When the buyer of goods returns the goods purchased on credit, a debit note is issued by the buyer which provides complete information of the goods along with the party details.

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Similar questions

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A __________ issued by buyer to seller giving full details of goods returned.

The correct option is C Debit noteA debit note is the document which is used in the event of purchase returns. When the buyer of goods returns the goods purchased on credit, a debit note is issued by the buyer which provides complete information of the goods along with the party details.

The correct option is C Debit note
A debit note is the document which is used in the event of purchase returns. When the buyer of goods returns the goods purchased on credit, a debit note is issued by the buyer which provides complete information of the goods along with the party details.