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Credit note information


A credit note or credit memo is a commercial document issued by a seller to a buyer. 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 evidence of a reduction in the amount a buyer owes a seller under an earlier invoice.

It can also be a document from a bank to a depositor to indicate the depositor's balance is being in the event other than a deposit, such as the collection by the bank of the depositor's note receivable.

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Credit note

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A credit note or credit memo is a commercial document issued by a seller to a buyer. Credit notes act as a source document for the sales return journal...

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Debit note

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debit note or debit memorandum (or debit memo) is a commercial document issued by a seller to a buyer as a means of formally requesting a credit note. Debit...

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Reichsmark

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newer version of 20 ℛ︁ℳ︁ note was introduced in 1939, using a design taken from an unissued Austrian S100 banknote type. 5 ℛ︁ℳ︁ notes were issued in 1942....

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Liner notes

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music credits and digital liner notes booklets appearing in the player. Pandora also launched full credits within their player in 2019. Metadata credits are...

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Death Note

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Death Note (stylized in all caps) is a Japanese manga series written by Tsugumi Ohba and illustrated by Takeshi Obata. It was serialized in Shueisha's...

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Credit

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Credit (from Latin verb credit, meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the...

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Credit history

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A credit history is a record of a borrower's responsible repayment of debts. A credit report is a record of the borrower's credit history from a number...

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Notes receivable

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Notes receivable represents claims for which formal instruments of credit are issued as evidence of debt, such as a promissory note. The credit instrument...

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Line of credit

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A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the...

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Banknote

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circulating notes. These notes were a promise by the ruler to redeem them later for some other object of value, usually specie. The issue of credit notes was...

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Promissory note

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promissory note in Wiktionary, the free dictionary. Bond (finance) Credit card Government bond Letter of credit, used for import-export business Notes receivable...

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Banknotes of the Ukrainian hryvnia

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Counterfeiting of State Credit Notes is punished by disfranchisement and prison", as mandated by law (here referred to as "State Credit Note notice"). The gold...

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Letter of credit

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A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in...

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Structured note

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bond plus a derivative. When the product depends on a credit payoff, it is called a credit-linked note. Since no such security exists outside of the sponsor...

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Mortgage note

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mortgage note is a secured (senior debt) debt security (also known as secured credit bond) which can be issued in relation to an entire specified credit transaction...

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Samsung Galaxy Note 7

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quarter. Credit Suisse analysts estimated that Samsung would lose at least US$17 billion in revenue from the production and recall of the Galaxy Note 7. In...

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Credit bureau

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agency in the United States, a credit reference agency in the United Kingdom, a credit reporting body in Australia, a credit information company (CIC) in...

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Bank

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but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of...

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Debits and credits

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its liability to the customer by recording a credit in the customer's account (which is not cash). Note that, technically, the deposit is not a decrease...

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Credit derivative

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synthetic collateralized debt obligations (CDOs), credit-linked notes or single-tranche CDOs. In funded credit derivatives, transactions are often rated by...

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Trade credit

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Trade credit is the loan extended by one trader to another when the goods and services are bought on credit. Trade credit facilitates the purchase of...

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Federal Reserve Note

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legal tender, with the words "this note is legal tender for all debts, public and private" printed on each note. The notes are backed by financial assets...

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Special journals

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delivered. A copy is kept by the seller. Purchase order Purchase requisition Credit note is a document issued by a seller that acknowledges that a customer is...

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Source document

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Hospital records Clinical and office charts Laboratory notes Memorandum Cash memo Debit note, Credit note Pay in slip Subjects' diaries or evaluation checklists...

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Shape note

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shape notes to which he claimed the rights. Little and Smith did not themselves claim credit for the invention, but said instead that the notes were invented...

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Index of accounting articles

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sold - Creative accounting - Credit - Credit note - Current asset - Current liability Debitcapital reserve - Debit note - Debt - Deficit (disambiguation)...

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Credit default swap

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swaps (BDSs), index CDSs, funded CDSs (also called credit-linked notes), as well as loan-only credit default swaps (LCDS). In addition to corporations...

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