Select the reasons for purchase return _______________.
A
Inferior quality
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B
Defective goods
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C
Damaged in transit
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D
All of the above
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Solution
The correct option is B All of the above Purchase returns book is meant for recording the returns of the goods that are purchased on credit. Purchase returns book is also known as return outwards book. Goods can be returned due to many reasons such as
They might be not be up-to the standards
Quantities delivered may not agreed with the invoices