what is the difference between credit and debit note?
- 55 Answers
- 193721 Views
- Accenture, FMCG, Private, Redson, TATA, I also Faced
- E-Mail Answers
Answer Posted / ram dayal
If we are selling goods, credit note is issued to party when
it returns our goods back (rejection due to poor quality
etc.) whereas debit note is issued by us to party when we
have incurred any extra cost while selling the goods to
them(expenses not agreed at the time of sale eg.
transportation cost etc.)
| Is This Answer Correct ? | 27 Yes | 7 No |
Post New Answer View All Answers
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
How many types we are received funds in business purpose
What is difference between cash flow and funds flow?
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
What is the definition of LOSS. Give the formula if any.
what are the certificates needed at the time of SBI clerical interview?
can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
Where to enter bonus and pf esi in tally pls help for me
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
How do you avoid loss situation
commisiion recieved journal entry and receipt required
Why you want to leave your present job while they offer you with good offer?
What is the accounting treatment for finance lease in lessee's viewpoint?
