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If the customer returns goods to the seller, the invoice previously issued is cancelled, in part or as a whole, with a credit note. [1] Credit notes act as a source document for the sales return journal. In other words, the credit note is evidence of the reduction in sales. A credit memo, a contraction of the term "credit memorandum", is ...
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C. Capital note; Cash flow loan; Challenges in Islamic finance; Charge-off; Circular letter of credit; Closed-end credit; Collateral (finance) Collateral management
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