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Debot or Credit Note
when we make debit note or credit note what we consider party account or sales or purchase account??
Replies (16)
Quick Summary
It depends on the reason.
Sales Returns A/c Dr
To Party A/c
Party A/c Dr
To Purchase Returns
Sales Returns A/c Dr
To Party A/c
Party A/c Dr
To Purchase Returns
Sorry not on the reason
Both have to be considered
Sales Returns A/c Dr
To Party A/c
Party A/c Dr
To Purchase Returns
Sales Returns A/c Dr
To Party A/c
Party A/c Dr
To Purchase Returns
Debit or credit note party account.
It's not Debot note but it is debit note
Both account will be affected.
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Now why this thumbs after 13 days.
Just to wake up you
It's not to wake me but to gain points only
Then why you replied now
To clarify the reason of your posting thumbs, pm me and this type of message
Is that required?
Definately
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