If it's already processed you probably can't cancel it, but you can contact the credit card company and initiate investigation/refund processes for a product purchased not received. Just call, explain the situation, and ask what steps are needed to recover your money.
Then you get some free stuff. There not going to call you credit card company up and then have you return to the store with all product still in the package and reapply it to there computer system. If your undercharged and they catch it then and there then they can cancel the last transaction and redo the process until its correct
what are the major documents used in credit transaction
Generally, no, unless you cancel the transaction after the fact. If you have made a payment to the credit card company and cancel after the time the transaction was made, yes, the credit card company may take money out of your checking/savings account. If you made some mistake when using your credit card which resulted in a fee or finance charge, the credit card company may put that amount on your credit card bill but may not take the amount out of your checking/savings account unless you specifically ask them to. If you have automatic payments set up, the credit card company may honor those instructions until you send them a WRITTEN request to change the setup. Most card companies allow you to bypass the written component and change automatic payments online.
Can I CANCEL this credit card
The only ways to cancel an accidental purchase on a parent's credit card is to cancel the order from the producer/provider or cancel it through the credit card's business.
A cash transaction is actually using money you have at the time ; A credit transaction is spending money that you don't actually pay immediately , but at a later date
explain the difference between cash and credit transaction
Paying by cheque is a cash transaction. Assets: debit =increase credit=decrease
paper transaction is the transaction against which on credit or cash received or paid it is just in papers
paper transaction is the transaction against which on credit or cash received or paid it is just in papers
We had to cancel our credit card to get rid of the continuing charges
the loaner