Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What will be the journal entry in the case of Debit Memo
and Credit Memo?

Answer Posted / kailashshakya

Debit memo is purchase return
&
Credit memo is sales return

Is This Answer Correct ?    7 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the definition of offset accounting?

1029


Have you ever heard about tds, what it is?

1066


what is the D.V.T. rate from 1/10/2009

1985


why accounting is important in business?

1085


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3886


Do you know any other accounting application?

1000


What does the investment of personal assets by the owner will do?

1076


Please give me as example of service tax & Vat Posting through Tally.

2131


Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj

2127


What is general entries for Deffered Tax?

2714


Tell me what would you say are the most important qualities of an account manager?

951


Which kind of transactions are not recorded in the books of account?

1821


I have passed in SBI clerical exam 2009 , pls tell me what question will be asked for interview .pls mail it on my email id sawant.supriya51@gmail.com

1979


Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

2214


What is tally and its features?

1172