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what is credit note and debit note?

Answer Posted / anamika sheoran

if we are sale of rs.10000 of 10 quanitiy and custome paid
rs. 10000 but after received we know that per quantity
price is 11 rs. so we will issue the debit note of rs. 1000
against to customer.this time our dr. is increse so issue
dr note from our side and customer side creditor incresed
so he will issue credit not.

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