A sales return book records transactions where goods or items are returned by the customers and those items or goods were purchased on credit by... View Article
Sales return example can be depicted as follows: Ram purchases a mobile of ₹5000 on credit from Ajay Mobiles, but the mobile turns out to be... View Article
Sales return book is a book in accounting that records all those transactions related to the returns of goods and items by the customer which... View Article
Purchase return cannot be considered as an expense as it helps in reducing the expense of the business. It can be considered as a contra expense... View Article
The difference between purchase return and sales return is that purchase return is used for recording those items or goods purchased from the... View Article
No, purchase returns cannot be regarded as an asset, but the purchase returns result in increasing the net income which increases the retained... View Article
Purchase returns is a nominal account. Also read: Cash Book Purchase Book Sales Book and Sales Return Book Cash Flow Statement Ledger in... View Article
Purchase returns report is prepared by the business. It is used for recording the goods or items that are returned to the suppliers. Also read:... View Article
The purchase return book will have a credit balance. Purchase returns reduce the expenses and therefore will have a credit balance. Also read:... View Article
August 23rd, 2021, CNA:- Download PDF Here TABLE OF CONTENTS A. GS 1 Related B. GS 2 Related POLITY AND GOVERNANCE 1. Pro-Pak. slogans: NSA... View Article
A drop of each of the following, is placed separately on four slides. Which of them will not coagulate? a) Blood plasma b) Sample from the... View Article
a) Tendon b) Ciliated epithelium c) Thrombocytes d) Hyaline cartilage Answer: b) Ciliated epithelium  Explanation: Epithelium is the lining... View Article
a) Higher levels of cortisone b) Higher levels of thyroxine c) Lower levels of adrenalin/noradrenalin in its blood d) Lower levels of blood... View Article
