I'll try to call godaddy tomorrow inshallah and see if I can delete the transaction. From now on, I'll just stick to the dot com domains as I'm new to domaining!
Many thanks for you all
If it was a Godaddy Closeout you are better off just accepting the transaction and trying to dump it on someone else Because this is different than hand regging a domain. As a closeout its like wining an auction and saying 'nevermind' Not worth it.