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Recording of Transactions - 2 — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountRecording of Transactions - 21 Mark
Question
What is a debit note?
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Answer

A debit note is prepared by the purchaser when goods are returned by him. It is called a debit note because the party's account is debited with the amount written in it.

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