PRC-1 · Chapter 2 · Question 66 of 100
If a customer was excessively overcharged on a sales invoice, what document should the business subsequently issue to correct this error?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) A credit note
Explanation
If a customer is overcharged, their debt must be reduced. The document issued by a seller to formally reduce a customer's debt is a credit note.
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