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what is the difference between credit and debit note?
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Answer Posted / rajesh kumar verma
credit note means
credit note is issued by the trader to the person who
return the goods just informing him his a/c must be
credited for the value of the goods return by him
debit note means
the trader return the goods to the supplier and should
prepare a debit note his a/c must be debited for goods
returned.
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