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why debit notes and credit notes are passed?

Answer Posted / umesh tayal

When we purchase any item or thing in company or others,
then we check the bill quantity & amount, with actual rece.
material. If we find any difference in that than we passed
debit notes or credit notes. We check the bill rate with
Purchase order rate and when we found any difference than
we make debit note or credit note

Is This Answer Correct ?    45 Yes 7 No



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