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Question

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
  • Part of the goods may be defective

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