Credit note , Debit note



1
What is the difference between Credit note and Debit note?

2 Answer(s)


1

A transaction that reduces Amounts Receivable from a customer is a Mredit Memo/note.
A Debit memo/note is a transaction that reduces Amounts Payable to a vendor because, you send damaged goods back to your vendor.

0

*Credit not Mredit sorry.