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Answer Posted / rajesh
When we purchase the goods we will credit the party. Same
when we return the purchase materials to the party we will
give the debit note.
1)Purchase entry
Cr XXX 1000
DR Purchse 1000
2) Debit note Enry
Dr XXX 300
CR Purchase 300
| Is This Answer Correct ? | 41 Yes | 9 No |
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