Question

QNo.32 Debit note is prepared for
which tranaction
A. For purchase of goods
B. For cash sale of goods
C. For purchase return
D. For sales return
Doonon

Answer 1

Question

• QNo.32 Debit note is prepared for which transaction

Answer

• B. For cash sale of goods

Answer 2

Answer:

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Explanation:

Debit Vs Credit Note

Debit note Credit note

It is a note that states the debit made from the supplier account This note will confirm that credit is made in the client's account

Purchase return book is updated Sales return book is updated

Account Receivable (AR) is minimized Accounts Payables (AP) is minimized