We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

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how to enter ATM withdrawal transaction in tally

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Tell us what is the abbreviation for the accounting terms debit and credit?

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Which reserve comes on the debit side of Balance Sheet?

3 Answers   TATA,

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List out some of the examples for liability accounts?

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Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?

2 Answers  

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