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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

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