debit note

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sir agar seller ko purchaser n debit note diya rate difference ki wajah she to agar seller n us debit note k amount ko accept kr liya to debit note ki entry sirf seller pass krega apne account ledger m party ki liability kam krke y dono pass krenge apne account ledger m.
Replies (2)
Journal entry in the books of accounts of purchaser

Dr. Seller A/c
Cr. Purchase A/c

Journal entry in the books of accounts of seller

Dr. Sales A/c
Cr. Purchaser A/c
as per GST ACT only supplier can issue Debit/Credit note


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