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Debit vs. Credit Notes: Key Differences and Uses

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Debit and credit notes are essential accounting tools used to adjust or correct invoices. A Debit Note is issued by a buyer to increase the amount owed to a seller, often due to returned goods or billing errors. It reflects a reduction in the seller’s revenue. On the other hand, a Credit Note is issued by a seller to decrease the amount due from the buyer, often as a result of overcha... https://www.italki.com/en/post/YEec3f7c3joqERDu3J221e

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