rajkumar(is)


{ City } hyderabad
< Country > india
* Profession * jr officer
User No # 23398
Total Questions Posted # 0
Total Answers Posted # 2

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Questions / { rajkumar(is) }
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Answers / { rajkumar(is) }

Question { 6283 }

What is mean by mercantile accounting?


Answer

"Mercantile accountig is a combination of acrual& cash
bases Accounting"

Is This Answer Correct ?    5 Yes 6 No

Question { TATA, 192585 }

what is the difference between credit and debit note?


Answer

In business point of view


"DEBIT IS A PURCHASE RETURNS "
Debit note is a document is prepare by Business sent to
suplier due to pure qulity materials & some defects in
material.
Debit note contains retunabale goods Qty,reasons for returns


"CREDIT NOTE IS A SALES RETURNS"

Credit note is a document is prapared by customer sent to
business.

Credi note contains retunabale goods Qty,reasons for
returns

Is This Answer Correct ?    111 Yes 33 No