"DEBIT IS A PURCHASE RETURNS "
Debit note is a document is prepare by Business sent to
suplier due to pure qulity materials & some defects in
material.
Debit note contains retunabale goods Qty,reasons for returns
Similar to A/R. Set up a Note Receiveable, and credit the note (debit cash) as payments are received.
For the above questions, the three golden rules of accounting policies will give us the best answers. 1. Real a/c: Debit what comes in and Credit what goes out. Eg. Cash paid debtor. 2. Personal a/c: Debit the receiver and Credit the giver. eg. Ram (Dr)received cash from Rahim- (Cr) 3. Nominal a/c: Debit all expensed and losses and Credit all Incomes and gains. Eg Loss on sale of comupter. Cash (Dr) computer (Cr) Please correct me if I am wrong... Thank you, Praveen
Bank of America currently has about 57 million customers and spans more than 40 different countries worldwide. One thing to note, some of these people just carry a Bank of America debit card, while others may have a mortgage or loan through the bank.
A five pound note (or a £5 note) is a banknote worth £5. If this is a modern note, it is probably a British £5 note.
Paid in full
a debit note is an entry recorded to debit an account
HI, There is no difference between debit note & debit memo, both or same.
debit notes
A debit note is a document that is used by a buyer to inform the company of the quality of goods and price of the goods that are being returned. Debit note is also known as a debit memo.
Debit note is money being taken out Credit note is money being brought in
yes
buyer
go to gateway of tally then voucher and click on debit note of the screen your right side
An invoice is raised by the seller. Whereas , a debit note is raised by the seller for indirect expenses to complete the sale process. For example, shipping charges. The seller will bill this indirect expense as a debit note.
Debit Note - Money being taken out such as invoiced or charged Credit Note - Money being given back such as refund or over payment.
Debit invoice is the invoice which is the customer has to pay for his usage
debit equipment accountcredit promisary note