Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

WHAT IS A CREDIT NOTE AND DEBIT NOTE IN RESPECT TO A
TRADING COMPANY?

Answer Posted / gunjan thakur

. A transaction that reduces Amounts Receivable from a
customer is a credit memo. For eg. The customer could return
damaged goods. A debit memo is a transaction that reduces
Amounts Payable to a vendor because, you send damaged goods
back to your vendor.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me why do you apply for a job of an account executive?

1082


how will decide that vender payment is ok without reco

2339


please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?

1830


kindly send the TDS tariff on Security expenses, rents, transport charges etc.,

2031


1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?

7856


what are the basic elements to prepare a quarterly information system and how to calculate that items?

1787


What is journalizing? What are the columns of a journal?

1142


Debit Card Come Under Which group in Tally 9?

1907


What are the advantages of double entry system?

1108


Explain the types of ledger?

4043


How the Depreciation will calculate in Company?

2182


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2062


what is the amount withdrawlfrom other cbs branch by multicity chequ book.

1825


what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

1907


if any otion in tallyerp9 version about doing Luxury tax work

2048