Double entry for credit note

[ShiQi]

Hi there,

I need help on posting the credit note. In Jun'16, we have received 1 invoice from creditor and payments has done too. The entry as below:

Posted using purchase ledger:

Debit Suspense ( As we need to bill to third party)
Credit Account Payable.

Debit Account Payable
Credit Bank

In July, we noticed that this invoice was billed wrongly and requested for credit note.
How should I post this CN ? What is the correct entry? Can someone help?

Thanks

 

[Fidget]

Credit note entries are just doing the opposite of the original posting - it's basically reversing the original entry.

 

[ShiQi]

Thanks, Fidget