1
Question
What is a sales return example?
What is a sales return example?
Open in App
Solution
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 defective and hence Ram returns the same to Ajay Mobiles.
In this case, Ram is the customer and Ajay Mobiles is the business and the mobile (product or good) was purchased on credit by the customer from the business and returned back to business as it turned out to be defective.
Also read:
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
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 defective and hence Ram returns the same to Ajay Mobiles.
In this case, Ram is the customer and Ajay Mobiles is the business and the mobile (product or good) was purchased on credit by the customer from the business and returned back to business as it turned out to be defective.
Also read:
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
Suggest Corrections
0
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
