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What are sales return?

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What are sales return?

Posted by Dhani Sharma 3 years, 4 months ago

CBSE > Class 11 > Accountancy

2 answers

Sia ? 3 years, 4 months ago

A sales return is merchandise sent back by a buyer to the seller, usually for one of the following reasons: Excess quantity shipped. Excess quantity ordered. Defective goods. Goods shipped too late.

Tanu Priya 3 years, 4 months ago

When the goods previously sold on credit are returned by the customers, such return are recorded in this book.

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