Explain the exact meaning of debit note and credit note in
the case of hospital business mainly in case of billing?
- 1 Answers
- 9279 Views
- Wipro, I also Faced
- E-Mail Answers
Answer / amit kumar tiwari
Debit Note is a letter which the buyer issues to the
supplier in the condition of return of goods.
A credit note or credit memorandum (memo) is a commercial
document issued by a seller to a buyer. The seller usually
issues a Credit Memo for the same or lower amount than the
invoice, and then repays the money to the buyer or sets it
off against a balance due from other transactions.
It can also be a document from a bank to a depositor to
indicate the depositor's balance is being increased because
of an event other than a deposit, such as the collection by
the bank of the depositor's note receivable.
Ram lal & Co. Purchase 10 Books@100=1000 from Delhi Book
store. 2 books are printing not good so ram lal return 2
Books to Delhi Book store ram lal issue debit note to Delhi
Book Store and Delhi Book store will give credit against
supply
| Is This Answer Correct ? | 6 Yes | 1 No |
internal checksystem
Why do you choose Auditing ?
how to do audit of bank in respect of advances?
WHAT IS THE TRAIL BALANCE
Define decommission liability?
what supporting documents do we vouch to for sales, purchases, receivables, payables, sales cutoff, and liabilities cutoff?
What is meant by Perk?
why auditors are not true and faire statement of account
How will you calculate impairment of assets of a software company?what is the necessary steps briefly describe?
What are the objectives of internal audit?
0 Answers Ernst Young, Thomson Reuters,
What is a deffered revenue & deffered expenses ? what is a means of accured revenue & accured expenses? before & after
2 Answers Renault Nissan, TATA,
How to involve people in audit?
Audit 
