Debit note
This query is : Resolved
15 November 2013
what is debit note
15 November 2013
a debit note is a document issued by a party when it has debited the other party's accounts in its books. for eg, a debtor may issue a debit note to his supplier for products returned.
Once a debit note is received and accepted, we need to credit the other party's account and debit the corresponding account such as sales a/c or sales returns account etc etc
Once a debit note is received and accepted, we need to credit the other party's account and debit the corresponding account such as sales a/c or sales returns account etc etc
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