Lesson
Company Name: Sanskriti Address: X-101, Purva Fairmont, 24th Main, Sector -2, HSR Layout, Bangalore, Karnataka – 560034 GSTIN: 29ABVFS3789E1Z9 Company Name: Sanskriti Address: X-101, Purva Fairmont, 24th Main, Sector -2, HSR Layout, Bangalore, Karnataka – 560034 GSTIN: 29ABVFS3789E1Z9 When the amount owed to the selling decreases, the seller issues credit notes to the buyer. The seller acknowledges the amount that must be returned to the buyer or any modifications that will be made in the subsequent transaction by giving the buyer a credit note. A debit note is a document that the vendor gives to the buyer informing them of their outstanding debts. It can also be made by the customer when they return items that they were given on credit because of problems or defects. This debit note contains all the information on the returned things, such as the reason for the return, the date of purchase, the quantity of items, etc. Create a company of LD Pvt ltd There are Four Partner: Ravi- 200000 Sona- 300000 Arjun- 250000 Nikki- 100000 All of the company's cash and bank received are recorded on received vouchers. By selecting the Use Single Entry mode for Pymt/Rcpt/Contra in the F12 setup, received vouchers can be passed using either Single Entry or Double Entry mode. A sale is any exchange of products or services for cash or other assets between two or more people. A sales order is a document that the seller creates that contains information about the goods or services that the consumer has ordered. The sales order includes information on the goods and service, as well as terms and conditions, quantity, and pricing. All of the company's cash and bank payments are recorded on payment vouchers. By selecting the Use Single Entry mode for Pymt/Rcpt/Contra in the F12 setup, payment vouchers can be passed using either Single Entry or Double Entry mode. A purchase is the procedure by which an individual pays money to obtain ownership of items or properties transferred into his name from another.