what is Debit note and Credit Note ?

Answers were Sorted based on User's Feedback



what is Debit note and Credit Note ?..

Answer / j.rajesh

When purchase returns occurred, Debit note will be issued.
When sales returns occurred, Credit note will be issued.

Is This Answer Correct ?    32 Yes 2 No

what is Debit note and Credit Note ?..

Answer / prasadgoud

When purchase returns occurred, Debit note will be issued.
When sales returns occurred, Credit note will be issued.

Is This Answer Correct ?    7 Yes 0 No

what is Debit note and Credit Note ?..

Answer / mehtab ahmad

debit note is made when sales made by us is returned to us
whereas credit note is made when we returned our purchases

Is This Answer Correct ?    2 Yes 6 No

Post New Answer

More Accounting AllOther Interview Questions

EXPAND_________WDV

3 Answers  


wages posted twice what is the entry for that?

0 Answers   Genpact,


Expand---------BTSR

1 Answers  


what is minority interest

3 Answers   Capital IQ,


Amount received on sale of old news paper --------receipt

3 Answers  






Expand---------MDTR

1 Answers  


expand C I S F

10 Answers   CISF,


What is Goods Lost by Fire/Accident/Theft ?

0 Answers  


what is business transaction

4 Answers  


What are the difference between Cash Flow Statement and Fund flow Statement? please explain me fully.

5 Answers  


WAT IS THE DIFFERENCE BETWEEN JOINT VENTURE & PARTNERSHIP

2 Answers  


Balance sheet identity

1 Answers  


Categories