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what is the difference between credit and debit note?
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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 |
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