Answer / eswari

purchases returns

Answer / raghava.gva

purchase returns

Answer / ganga prasad

debit note related to purchase returns.

Answer / sajjad1

If drbit Note Recieved from Suppliers and its mentioned in
the sales Return its debit note for us and cr note for
customer and as it is When we issued the dr note to the
suppliers its dr note for supplir and cr note for us (Coz
we received the cr note from Supplier and dr note from
Customer Dr note show in Sales and Cr note in Purchase.


any thing is wring please share with me thanks

Answer / ravindra

The entry will be passed in debit note when purchase returns
takes place. just reverse the entry of purchase in debit note
when purchase returns takes place

if you recorded in debit note automatically vendor should
pass that entry in credit note

Expand G O P I O

1 Answers  

legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

0 Answers  

In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

0 Answers  

what is bonds

6 Answers  

please tell me that fictitious account is what type of account i.e real,nominal or personal account??

2 Answers  

What is the difference between consumption and production

1 Answers   Telco,

What is the safety of margin?

4 Answers   Lloyd,

What is most Expenses thing to Issue IPO ?

1 Answers  

I am a new person to Accounting but i want to learn it. Pls help me by sending BASICS Information,reference books and websites.

1 Answers  

What is the Casting ?

4 Answers  

EXPAND_________SCM

0 Answers  

what is ERP packages?

1 Answers