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Credit Note Issuance Circumstances

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Credit Note Issuance Circumstances

Question

Highlight FOUR circumstances where a trader may issue a credit note.

Answer

- If a client had been overcharged
- If a client had returned some goods due to damage.
- If a client was charged for goods not supplied.
- If a client returned empty containers whose cost was included in the voice.
- If a client had merited some discounts which was not deducted from the invoice.