credit note

This query is : Resolved 

30 November 2010 i received cr note from a company ag purchase.
wht should be the entry of credit note in my books.

if party a/c is debited
wht should be credited

30 November 2010 For credit notes receive ( for any rectification of discount)means the party is crediting your account accordingly you have to debit the party account

30 November 2010 dr party a/c
cr what?




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries