Debit note and credit note
Querist : Anonymous
I wanted to know the entries for Debit note and credit note.
when this both will come into picture?
Regards,
Chirag
similarly when you need to give credit to party, raise Credit note.
Debit note entry
Party A/c
To respective GL
Credit note
Respective Gl Dr
To party
Querist : Anonymous
2)Or if Goods sold by seller is received back from customer?
Regards,
Chirag
to Purchases
2- Sale dr
To Party
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