Final answer:
Yes, it is true that a refund receipt should be provided when issuing a refund as it serves as proof of the transaction for both the customer and the business's records.
Step-by-step explanation:
When issuing a refund to a customer, it is indeed true that a refund receipt should generally be provided. This document serves as proof that the transaction has been reversed and the customer's money has been returned. It's important for both the customer's records and for the business's accounting purposes. Refund receipts help to maintain transparency in financial transactions and can be used in the event of a dispute or for tax purposes.
The correct answer is a.True. When you give a refund to a customer, issuing a refund receipt is an essential part of the process. A refund receipt serves as proof of the transaction and helps both the customer and the business maintain accurate records.When issuing a refund to a customer, it is indeed true that a refund receipt should generally be provided. This document serves as proof that the transaction has been reversed and the customer's money has been returned. It's important for both the customer's records and for the business's accounting purposes. Refund receipts help to maintain transparency in financial transactions and can be used in the event of a dispute or for tax purposes.