Certification Course on Practical Filing of Income Tax Returns
honourable persons could you please tell me what is the make credit note and debit note the how was it is used
Sales return is debit note
Purchase returns is credit note
Your welcom
when seller gets goods returned, he receives a debit note.
then seller gives the buyer a credit note.
its simple to understand,
Purchases debit
purchases returns credit
sales credit
sales return debit
it is described in many ways, what is important is our books of accounts.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Acupro Consulting
Gurgaon
CA Inter
vdsr & co LLP
Chennai
Search Synergy
Mumbai
CA
PARAS KHURANA AND CO
New Delhi
B.Com
SMJ global advisors pvt ltd
Geeta Manchanda & CO.
Displayandbeyond
India's largest network for finance professionals
Alternatively, you can log in using: