Question

describe the utility of debit note and credit note​

Answer 1

Answer:

Debit Note and Credit Note are used while the return of goods is made between two businesses. ... Debit Note is issued by the purchaser, at the time of returning the goods to the vendor, and the vendor issues a Credit Note to inform that the returned goods have been received by him.

Answer 2

Answer:

Debit Note and Credit Note are used while the return of goods is made between two businesses. ... Debit Note is issued by the purchaser, at the time of returning the goods to the vendor, and the vendor issues a Credit Note to inform that the returned goods have been received by him

Explanation:

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