What are debit note
Answers
☆ Debit Note ☆
A debit note is a document used by vendor to inform of current debt obligation or a document created by a buyer when returning goods received on the credits.The debit note can provide information regarding an upcoming invoice ,or may serve as a remainder for funds currently due.
A debit note or debit memorandom is a commercial document issued by a buyer to seller as means of formally requesting a credit note.
Debit note acts as the source documents to purchase return journals.
Answer:
DEBIT NOTE
it is a :document ,bill or statement
send to:The person to whom goods are returned
Indicate: indicating that the suppliers account is debited to the extent of value of goods returned
It contains: the description and details of goods returned,name of the party to whom goods are returned and net value of goods so returned