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...

Please anybody explain me debit note & credit note & their
importance in accounts?

Answer Posted / shameel tirunilath

A Debit Note is issued by a customer to a supplier as a
means of formally requesting a credit note. a supplier
might also issue a debit note instead of an invoice in
order to adjust upwards the amount of an invoice already
issued

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand---------DBPC

2138


What problems might be encountered if there were no accounting standards?

2958


Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books

2254


Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

2468


What is meant by Nostro Reconciliation

2117


i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?

2179


Expand----------MTSC

2135


what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?

1917


difference between vat 47 & vat 49

3183


what is the procedure of interview question in genpact

2168


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2593


Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.

2973


What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

2154


define fixed assets

1835


Transfer nett profit of Rs 325000/- to Reserves and Surplus

2410