Debit note is the basis for recording a transaction in which of the following journals?
A. General journal
B. Cash journal
C. Purchase journal
D. Purchase return journal
Answer: Option D
Solution(By Examveda Team)
Debit note is the basis for recording a transaction in Purchase return journal. The source document for recording entries in the purchases return journal is generally a debit note.Join The Discussion
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Why debit note be recorded in purchase return journal ?