why debit notes and credit notes are passed?
- 12 Answers
- 40598 Views
- IBM, TCS, I also Faced
- E-Mail Answers
Answer Posted / kutti
As we know we carry on business and recording transaction
which mainly inculde sales and purchases we make.
So the debit note is raised when we return the good which
we have purchased , and credit note is raised when we
receive the goods which may be damaged in trasit by the
customer, when sales are made.
so in simple, debit note is one for return the goods when
purchased, and credit is one for receiving the goods from
the customer for which we have sold
| Is This Answer Correct ? | 82 Yes | 22 No |
Post New Answer View All Answers
Is interest of a business unit Operating Expense or Non Operating Expense
what is crisil?what is the advantage of crisil rating?
why the RRB'S not lend loans directly to farmers?
Expand MNS
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
what are the payroll procedures?
INTE3RNATIONAL ACCOUNTING STD
which are the basic princeples of accountancy... with examples
If its is declared by auditor that business is not going concern that what journal entry will be pass?
Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?
What do mean by Computerization of accounts
give me only one transactions in both side (debit&credit) should be in real accounts
explain the financialand economic meaning of investment?
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
What is Split And buy-back?
