[ hjlee]: Double entry for Purchase Credit Note2015-06-13 10:20#
As I know Purchase Credit Note was received from supplier, means there may be overcharged of purchase, so will reduce amount due to supplier, the double entry should be as follow :
DR. Supplier
CR. Purchase
Is there right? Or you means other? Please explain, thanks.
As I know Purchase Credit Note was received from supplier, means there may be overcharged of purchase, so will reduce amount due to supplier, the double entry should be as follow :
DR. Supplier
CR. Purchase
Is there right? Or you means other? Please explain, thanks.