Answer Posted / cmc_vaishnav@yahoo.com
Debit note is raised when purchase retd. It is like any bill
we make. debit the credito and credit pur + taxes + other
charges if any. In a word it is exactly the opposite format of
purchase bill. Debit notes also raised for interest on late
payment recd.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
Data flow of Accounts payable to General ledger?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
what is duties and responsibilities for clark working in sbi
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
What is combination?
Total numbers of companies listed on stock Exchange?
What are motive behind mergers And acquisitions?
WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
honararium for the month of march 2013 can be paid on 31 mar 2013
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
WHAT IS B.E.P. CHART
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?