Question

9. Meaning of return outward is (a) Cash Sales (c) Purchase Return (b) Sales Return​

Answer 1

Answer:

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Answer 2

Explanation:

Return outwards are goods returned by a customer to the seller. They are goods which were once purchased from external parties, however, because of being unsatisfactory they were returned back to them, they are also called Purchase returns. Outward returns reduce the total accounts payable for a business.