The source document sent by the seller to the buyer when goods are returned is

Assessment: WAEC SSCE - Financial Accounting - 2002 (Objective) Subject: Financial Accounting

Question 1 Report

The source document sent by the seller to the buyer when goods are returned is
Answer Details
The source document sent by the seller to the buyer when goods are returned is a credit note. A credit note is a commercial document that indicates the amount of money that a seller owes a buyer due to a previously issued invoice. It is sent to the buyer when goods are returned, and it serves as evidence of the return and the corresponding adjustment to the seller's account. The credit note contains details such as the reason for the return, the date of the original sale, the amount credited, and the seller's and buyer's details.

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