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What is ment by NOTED ITEMS.plz any 1 explain me
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Answer Posted / isoumo
Document are posted at the Company Code level, where balanced financial statements are ensured, a document can only be posted if the debits equal the credits.
An exception to this rule is a noted item which contains only a debit or a credit; it serves as a reminder and does not affect the financial books.
Example are> Post Dated Cheques, Down Payment Request,Bill of exchange payment request etc.
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