Debit Note and Credit Note in Accounting | An in-depth overview with GST Rules & Entries
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Debit Note and Credit Note in Accounting | An in-depth overview with GST Rules & Entries
Debit notes and credit notes are accounting documents used by businesses for different purposes, like Sales and Purchase returns, discounts after sales, and corrections in the Invoice. A supplier of goods or services will issue the Debit Note and Credit Note in accordance with GST Rules. Credit Notes are generated for both sales returns and ...
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