What is Debit Note\ Credit Note. Detail Pls.

Answer Posted / vikas tanwar

if party/company charge the high price of goods after
committment of low rate or over rated in there goods or
product.then we make a debit note to recover the amount
from the party/company.
and if we are rating high price of our goods/products after
commitment of low rate so we make Credit Note to give the
amount as per our agreement.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

1755


Is advance paid wages has credit balance?

1096


Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1476


Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

1592


bill to addres? ship to addres? rimit to address?

4560






what is meant by virus

7072


Suppose the production is more and sales less then what will happen

1554


if jj form not cancelled within 1hour,wat to do

1176


while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

1637


Depreciation method to using Indian company names

1592


Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...

1738


what is the difference between f.f.s and c.f.s?

2117


Expand------ARN

2031


describe the most complex challenge that you have faced and how you managed it

1790


An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?

1534