what is the difference between credit and debit note?
Answer Posted / sammy
Debit note indicates that an account has been debited. It is
generally given by a purchaser(customer) to a supplier. The
supplier being the creditor to that extent is informed that
his account is debited. Whereas a credit note is given by a
supplier to a Debtor(customer) to inform him that his
account to that extwnt has been credited.
this is de right answer .... 4 sure !!!!!
Is This Answer Correct ? | 89 Yes | 30 No |
Post New Answer View All Answers
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
What is Merchandising Accounting process
Data flow of Accounts payable to General ledger?
How can I find out my credit rating score for free?
paid two years rent N1200, bought Motor van for cash N3000
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
Short Answer on __________Trade
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com
Short Answer on ________Adjusting Entries
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
what is cost accountinp