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Question
When the goods are returned to a supplier _____________.
When the goods are returned to a supplier _____________.
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Solution
The correct option is A a debit note is sent to him
A debit note is a commercial document issued by buyer to seller. It acts as a source document for the purchase return journal. In other words the debit note is the evidence of the reduction in purchases. It is a receipt given to supplier for return of goods to supplier, which can be offset against future transactions.
A debit note is a commercial document issued by buyer to seller. It acts as a source document for the purchase return journal. In other words the debit note is the evidence of the reduction in purchases. It is a receipt given to supplier for return of goods to supplier, which can be offset against future transactions.
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