Answer Posted / cmc_vaishnav@yahoo.com
Debit note is raised when purchase retd. It is like any bill
we make. debit the credito and credit pur + taxes + other
charges if any. In a word it is exactly the opposite format of
purchase bill. Debit notes also raised for interest on late
payment recd.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What exactly is derivatives segment. can u explain futures and options with examples...
Please do tell me about the questions which are asked at BACS FINAL ROUND.
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
INTE3RNATIONAL ACCOUNTING STD
what is the difference between Assets Allocation & Security selection?
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
Why we reconcile our debtors? what steps we taken during reconciliation.
MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
explain sales/purchase accounting?
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
What is Merger?
what happens to each of the three primary financial statements when gross margin decreases?
What is the journal entry for Call and a Put option both in the books of buyer and seller
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?