Question

what is debit note.....nd....credit note????????​

Answer 1

Answer:

$\LARGE{ \underline{\underline{ \pink{ \bf{Required \: answer:}}}}}$

$\huge{ \mathfrak{ \underline{Debit \: Note}}}$

A debit note is a document used by a vendor to inform the buyer of current debt obligations, or a document created by a buyer when returning goods received on credit.

$\huge{ \mathfrak{ \underline{Credit \: Note}}}$

A credit note, also known as a credit memorandum or a credit memo, is an official legal document, just like an invoice or a purchase order, that suppliers provide to customers to notify the customer that credit is being applied to their account for any number of reasons

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 he/she has received the returned goods..........