Explain the exact meaning of debit note and credit note in
the case of hospital business mainly in case of billing?
- 1 Answers
- 9296 Views
- Wipro, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
What are the basic principles of an internal audit controlsystem?
May deduct TDS Froma reseller ?
how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)
accounting & audit system of film production enterprises
Do you know what are the reasons for getting audited?
what is the reason for controls in an IS environment?
What is vouching?
What sort of image do you have?
hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?
Whether Advance against property to be included in Loans & Advances while referring to section 185 & 186 of Companies Act, 2013?
What is the role of internal audit?
Explain the difference between internal audit and external audit?
vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?
What sort of image do you have?
What is mean by error of submission? can u plz provide notes on this?
