A credit note is issued by a supplier to a purchaser when the purchaser returns goods back to the supplier. The note is essentially an acknowledgment that goods have been returned to the seller.
The seller would therefore record this in the Sales Journal to show that the sales has been reduced by the goods that were returned to them with the relevant entry being a debit.
The buyer would also record this in their purchases journal to show that their purchases have decreased and the relevant entry will be a credit.
I believe that the line from the text that shows men looked forward to their walks has something to do with the answer below and among the four choices listed above the answer below is the correct one and it is:
