A journal entry cannot be passed in a journal proper with the debit and credit note.

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is B False
False. A debit or credit note is used to rectify the extra short debit or credit is given. They have an advantage of not editing the books of original entry. A journal entries are passed with the help of journal voucher.

Suggest Corrections

Similar questions

Are debits or credits listed first in journal entries? Are debits or credits indented?

A journal entry in which two or more account is debited or credited is referred as ___.

Are debits or credits listed first in journal entries? Are debits or credits indented?

Join BYJU'S Learning Program