Accountancy, asked by zeinabsalim, 7 months ago

A customer has returned the goods to his supplier along with a debit note. But, the supplier does not agree with the customer's claim that the goods are damaged. Can the customer consider his debit note as a valid source document and enter the purchases retuens

Answers

Answered by ecraaclingom
3

Answer:

yes

Explanation:

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Answered by sagrikabiswal9044
4

Explanation:

A debit note (also known as debit memo) can be issued from a buyer to their seller to indicate or request a return of funds due to incorrect or damaged goods received, purchase cancellation, or other specified circumstances.

A debit note can be treated as a credit note, except it is issued from the buyer's side, and is issued before a credit note can be issued from the supplier.

In other words, a debit note basically acts as a buyer's formal request for a credit note from the seller. The document therefore serves as evidence to support a purchase return in the accounting books of a buyer.

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