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what is the difference between credit and debit note?
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Answer Posted / rajesh kumar verma
Credit Note: It is prepared by trader when he sold goods to
costmer and costmer returnd to trader any parts of goods
then trader issue credit note to costmer.
Debit Note: It is prepared by trader when he purchase goods
by wholesaler and trader returnd to wholesaler any parts of
goods then trader issue debit note to wholesaler.
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