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What is meant by purchase returns? - Accountancy

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प्रश्न

What is meant by purchase returns?

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उत्तर

  1. Purchases returns or returns outwards are a normal part of the business.
  2. Goods may be returned to the supplier if they carry defects or if they are not according to the specifications of the buyer.
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अध्याय 12: Final Accounts of Sole Proprietors - 1 - Very short answer questions [पृष्ठ २६४]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 12 Final Accounts of Sole Proprietors - 1
Very short answer questions | Q II 4. | पृष्ठ २६४
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