Question

Distinguish between debit note and credit note.​

Answer 1

To put it simply, the difference between credit and debit note is that in credit notes you record money that you owe to a client due to a downward revision in an invoice and in debit notes you record money that a client owes you due to upward revision in an invoice.

Answer 2

Answer:

To put it simply, the difference between credit and debit note is that in credit notes we record money that we owe to a client due to a downward revision in an invoice and in debit notes we record money that a client owes we due to upward revision in an invoice.

Explanation:

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