Question

Briefly discuss credit note make dummy debit voucher?​

Answer 1

Answer:

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Explanation:

Credit Note :It is a letter sent by the supplier to the customer notifying the customer that he or she has been credited a certain amount due to an error in the original invoice or other reasons.

Debit note: It is a a commercial instrument made and issued by the purchaser and delivered to seller giving details regarding the amount debited from the seller’s account and the reasons for the same is known as Debit Note. The document provides information to the vendor that a debit has been made to his account in the buyer’s book.