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what is credit note and debit note?

Answer Posted / dharmesh sati

Debit Notes is use for if company's has make short bill to
the customer. When you have make some expense on behalf of
other & you want to remburse the same that you have to
issue Debit notes instead of Revenue Invoice because this
is not you business Income you are only midiator.

Credit Notes is use for excess billing to the customer or
provide discount to the customer.

Is This Answer Correct ?    1 Yes 6 No



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