CREDIT NOTE
It is a commercial document issued by seller to the buyer.
Credit note issued by seller to buyer on sales returned.
While in this situation, seller make credit note for buyer so it can be claimed in future with other transaction/goods/cash.
DEBIT NOTE
It is a commercial document issued by buyer to the seller.
Debit note issued by buyer to seller on purchased returned.
While in this situation, buyer make debit note for seller so it can be claimed in future with other transaction/goods/cash.
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